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Codexis Posts Strong Q4, Eyes siRNA Market With ECO Synthesis Platform

Source: SeekingAlpha

2026-03-12 13:33:26 ET

Thesis

Codexis, Inc. ( CDXS ) has just reported a pretty strong end-of-year financial result. Revenue hit $38.9 million for the quarter, up about 81% year-over-year, and beat the consensus by about $3.1 million. Revenue was mainly helped out by a technology transfer agreement with Merck & Co. The company also showed us $9.6 million in net income compared with a $10.4 million loss in 4Q24, with product gross margin improving to 65%....

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Codexis Posts Strong Q4, Eyes siRNA Market With ECO Synthesis Platform
Codexis Inc.

NASDAQ: CDXS

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