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.

Earnings

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.

Past Earnings Performance

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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