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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ardelyx, Inc. - ARDX
ArdelyxArdelyx(US:ARDX) GlobeNewswire News Room·2025-05-13 16:12

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Ardelyx, Inc. following disappointing financial results for Q1 2025, which led to a significant drop in the company's stock price [1][3]. Financial Performance - Ardelyx reported GAAP earnings per share of $0.17 for Q1 2025, which was $0.07 below consensus estimates [3]. - The company generated revenue of $74.1 million, missing estimates by $5.34 million [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].