04:28 PM EDT, 07/28/2025 (MT Newswires) -- Exelixis ( EXEL ) reported Q2 non-GAAP net income late Monday of $0.75 per diluted share, down from $0.84 a year earlier.

Analysts polled by FactSet expected $0.66.

Revenue for the quarter ended June 30 was $568.3 million, down from $637.2 million a year earlier.

Analysts polled by FactSet expected $580.1 million.

For full-year 2025, the company maintained its previous revenue guidance in the range of $2.25 billion to $2.35 billion. Analysts polled by FactSet are looking for $2.34 billion.

Shares of the company fell 11% in after-hours activity.

Price: 39.50, Change: -4.89, Percent Change: -11.02