Ardelyx Q2 2024 GAAP EPS $(0.07) Beats $(0.10) Estimate, Sales $73.222M Beat $55.019M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ardelyx (NASDAQ: ARDX) reported Q2 2024 GAAP EPS of $(0.07), beating the $(0.10) estimate. Sales were $73.222M, surpassing the $55.019M estimate and showing a significant year-over-year increase.
August 01, 2024 | 8:23 pm
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Ardelyx reported better-than-expected Q2 2024 earnings and sales, with EPS of $(0.07) beating estimates and sales of $73.222M significantly surpassing expectations. This indicates strong financial performance and growth.
Ardelyx's better-than-expected earnings and significant sales growth indicate strong financial health and positive market reception. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100