How did Codexis' revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 06:25pm
**Codexis' revenue increased significantly in Q4 2024 compared to previous quarters**, as evidenced by the following:
1. **Year-End Performance**: The total revenue for the fiscal year ended December 31, 2024, was $59.3 million. This is a substantial figure that indicates a strong financial performance for the company.
2. **Quarterly Comparison**: When comparing Q4 2024 to the previous quarter, Q3 2024, the revenue increased from $12.83 million to $21.46 million. This represents a notable growth of approximately 68%.
3. **Growth Projections**: Codexis anticipates double-digit growth for total revenue in 2025. This suggests that the company is confident in its continued financial success.
However, there are no available data on the expenses for Q4 2024. It is important for investors to monitor both revenue and expenses to fully understand the company's financial health and performance.