Recap: Ardelyx Q4 Earnings

Ardelyx ARDX reported its Q4 earnings results on Thursday, February 22, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Ardelyx missed estimated earnings by 33.33%, reporting an EPS of $-0.12 versus an estimate of $-0.09.

Revenue was down $9.81 million from the same period last year.

Last quarter the company beat on EPS by $0.14 which was followed by a 0.25% drop in the share price the next day.

Here's a look at Ardelyx's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.11	-0.12	-0.10	0
EPS Actual	0.03	-0.08	-0.13	0.06
Revenue Estimate	22.77M	15.88M	10.60M	23.17M
Revenue Actual	56.39M	22.33M	11.37M	44.18M

To track all earnings releases for Ardelyx visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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