SAN DIEGO (AP) _ Pfenex Inc. (PFNX) on Thursday reported third-quarter net income of $3.1 million, after reporting a loss in the same period a year earlier.
The San Diego-based company said it had net income of 9 cents per share.
The biotechnology company posted revenue of $15.2 million in the period.
Pfenex shares have more than tripled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.17, more than doubling in the last 12 months.