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Ardelyx Posts Breakeven Q3 Earnings, Revenue Increases
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Ardelyx Posts Breakeven Q3 Earnings, Revenue Increases
Nov 4, 2024 11:52 AM

04:45 AM EDT, 11/01/2024 (MT Newswires) -- Ardelyx ( ARDX ) reported breakeven Q3 net income late Thursday, compared with earnings of $0.03 per diluted share a year earlier.

Analysts polled by Capital IQ expected a loss of $0.05.

Revenue for the quarter ended Sept. 30 was $98.2 million, up from $56.4 million a year earlier.

Analysts surveyed by Capital IQ expected $86.6 million.

Price: 6.08, Change: +0.21, Percent Change: +3.58

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