Codexis

Codexis reported Q1 2026 EPS of -0.10 (expectation -0.16) and revenue of $15.2 million versus $14.79 million expected. Revenue rose 102.7% year over year, mainly due to a technology transfer agreement with Merck; product gross margin improved to 71%. Operating expenses were reduced, net loss narrowed significantly, and cash reserves are expected to fund the business through the end of 2027. For Q2 the company expects around $16.5 million in revenue; the stock rose about 1.5% in after-hours trading. » Altro su de.investing.com

Codexis reported Q4 2025 EPS of 0.11 USD (expectation -0.04 USD) and revenue of 38.92 million USD, up 81% year-on-year. A technology transfer agreement with Merck contributed 37.8 million USD to quarterly revenue and raised the gross margin to 64%. For the full year the company still records a net loss of 44 million USD despite the quarter’s results, expects negative EPS for 2026, and is focused on expanding the ECO-Synthesis platform and a GMP production facility by the end of 2027. » Altro su de.investing.com

Codexis agreed with a pharmaceutical company to manufacture 50 grams of siRNA using its ECO Synthesis platform to support a preclinical candidate for a cardiovascular indication. The order is intended to demonstrate that the platform can deliver quantities beyond early research volumes and lays the groundwork for potential scale‑up if the program advances. Financial terms and the partner’s name were not disclosed; the stock trades near its 52‑week low, but analysts have recently raised estimates and price targets. » Altro su de.investing.com