leadf
logo-loader
viewCalyxt

Calyxt reveals increase in 1Q revenue due to high demand for oleic soybean products

Calyxt Inc (NASDAQ:CLXT) CEO Jim Blome tells Proactive it saw revenue leap 1,414% year-over-year on the back of a favorable product mix driven by high oleic soybean products, including oil and meal.

Blome says first-quarter results saw the Roseville, Minnesota-based company post revenue of $2.4 million, an increase of $2.2 million from the first quarter of 2019.

Quick facts: Calyxt

Price: 5.49 USD

NASDAQ:CLXT
Market: NASDAQ
Market Cap: $182.18 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Calyxt named herein, including the promotion by the Company of Calyxt in any Content on the Site, the Company receives from said issuer annual...

FOR OUR FULL DISCLAIMER CLICK HERE

Proactive One2One Virtual Event - Calyxt

Calyxt Inc (NASDAQ:CLXT) CFO Bill Koschak presents to investors at Proactive's One2One Virtual Event. The company, which is based in Roseville, Minnesota, is a plant-based technology company that delivers plant-based products by using plant breeding techniques.

on 08/19/2020

2 min read