Calyxt Posts 86% Decline In Q4 Revenue
Calyxt Inc (NASDAQ:CLXT) reported a fourth-quarter FY21 sales decline of 86% year-on-year, to $1.94 million, missing the consensus of $2.64 million. The revenue decrease was driven by lower volumes of products sold in 2021 as the company had completed the wind-down of its soybean product line prior to the fourth quarter of 2021.…
Benzinga ·
Benzinga
