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