CODX Reports Initial Domestic Sales Following Release of Q1 Numbers
Co-Diagnostics, Inc. (CODX)
US:NASDAQ Investor Relations:
ir.codiagnostics.com/investor-relations
Company Research
Source: GlobeNewswire
New York, May 29, 2019 (GLOBE NEWSWIRE) -- CODX Reports Initial Domestic Sales Following Release of Q1 Numbers New York City, New York – Molecular diagnostics company Co-Diagnostics (Nasdaq: CODX) reported initial sales in the US from its vector control program last week, an encouraging sign that they are able to execute their business model and generate revenue following the release of quarterly results that were generally poorly received by the market. The sales announcement included reports that they have sold two laboratory packages—which are priced at $15,000-$25,000 according to their website—with more sales agreements expected before the end of June. This shows a significant uptick in revenue from Q1, and validates the CEO’s forecast in the Q1 press release from the previous week that the company expected to make announcements in the near term related to product roll-outs and sales agreements. Molecular diagnostic solutions for mosquito populations fall outside of regulator
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CODX
Earnings
- 11/9/23 - Beat
CODX
Sec Filings
- 3/20/24 - Form 3
- 3/15/24 - Form 8-K
- 3/14/24 - Form 10-K
- CODX's page on the SEC website