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Here's What Key Metrics Tell Us About Ardelyx (ARDX) Q2 Earnings
ARDXArdelyx(ARDX) ZACKS·2024-08-02 00:35

Ardelyx (ARDX) reported 73.22millioninrevenueforthequarterendedJune2024,representingayearoveryearincreaseof227.973.22 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 227.9%. EPS of -0.07 for the same period compares to -0.08ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.08 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 55.73 million, representing a surprise of +31.38%. The company delivered an EPS surprise of +30.00%, with the consensus EPS estimate being -$0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...