INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ardelyx, Inc. - ARDX
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Ardelyx, Inc. and its officers or directors [1] Financial Performance - Ardelyx reported GAAP earnings per share of $0.17 for Q1 2025, missing consensus estimates by $0.07 [2] - The company generated revenue of $74.1 million, which was $5.34 million below consensus estimates [2] - Ardelyx experienced a 54% year-over-year increase in total operating expenses [2] Stock Market Reaction - Following the financial results announcement, Ardelyx's stock price dropped by $1.34 per share, or 24.5%, closing at $4.13 per share on May 2, 2025 [3]