Codexis Affirms FY2024 Product revenues $38M-$42M, R&D revenues $18M-$22M.
Portfolio Pulse from Benzinga Newsdesk
Codexis has reaffirmed its FY2024 sales outlook, projecting product revenues between $38M-$42M and R&D revenues between $18M-$22M, maintaining a total sales forecast of $56M-$64M.
October 31, 2024 | 8:19 pm
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Codexis has reaffirmed its FY2024 sales outlook, maintaining its total sales forecast at $56M-$64M, with product revenues projected at $38M-$42M and R&D revenues at $18M-$22M.
The reaffirmation of the sales outlook suggests stability in Codexis's financial projections, which is neutral for the stock price as there are no changes to the previously announced figures.
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