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Ardelyx (ARDX) Reports Q4 Earnings: What Key Metrics Have to Say
ARDXArdelyx(ARDX) Zacks Investment Research·2024-02-23 00:01

Ardelyx (ARDX) reported 34.36millioninrevenueforthequarterendedDecember2023,representingayear−over−yeardeclineof22.234.36 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 22.2%. EPS of -0.12 for the same period compares to 0.06ayearago.Thereportedrevenuerepresentsasurpriseof−0.180.06 a year ago.The reported revenue represents a surprise of -0.18% over the Zacks Consensus Estimate of 34.42 million. With the consensus EPS estimate being -$0.09, the EPS surprise was -33.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...