Ardelyx (ARDX) Reports Q4 Loss, Lags Revenue Estimates

Ardelyx (ARDX) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of$ 0.09. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this biotechnology company would post a loss of$ 0.11 per share when it actually produced earnings of $0.03, delivering a surprise of 127.27%.Over the last four quarters, the compan ...