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Pfenex Reports Second Quarter 2014 Results and Provides Business Update
Date:8/29/2014

;Pfenex, Inc.Condensed Statement of Operations(in thousands, except per share data)(Unaudited)Three Months EndedJune 30,Six Months EndedJune 30, 2014201320142013Revenue$
3,266
$
2,309
$
5,824
$
5,694
Cost of revenue2,5441,3064,4523,335Gross Profit7221,0031,3722,359Operating expenses:Selling, general and administrative2,0241,6763,5193,459Research and development8601,2721,5382,052Total operating expenses2,8842,9485,0575,511Loss from operations(2,162)(1,945)(3,685)(3,152)Other expense, net(21)(9)(39)(10)Net loss before income taxes(2,183)(1,954)(3,724)(3,162)Income tax benefit (expense)-777
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SOURCE Pfenex Inc.
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