Ironwood Pharmaceuticals Q4 Sales $117.55M Beat $117.48M Estimate, Generated $35.8M In Cash From Operations In Q4
Portfolio Pulse from Benzinga Newsdesk
Ironwood Pharmaceuticals (NASDAQ:IRWD) reported Q4 sales of $117.55M, slightly above the $117.48M estimate, marking a 9.66% increase from the previous year. The company also generated $35.8M in cash from operations during Q4.
February 15, 2024 | 12:10 pm
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Ironwood Pharmaceuticals reported Q4 sales of $117.55M, surpassing estimates and showing a 9.66% YOY growth. The company also saw $35.8M in operational cash flow.
Beating sales estimates and showing year-over-year growth are positive indicators for a company's financial health and operational efficiency. The slight beat on sales estimates and significant operational cash flow generation in Q4 are likely to be viewed positively by investors, potentially leading to a short-term uptick in IRWD's stock price.
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