Ardelyx Q3 Sales $98.24M Beat $86.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ardelyx reported Q3 sales of $98.24 million, surpassing the analyst consensus estimate of $86.64 million by 13.39%. This marks a 74.21% increase from the same period last year.
October 31, 2024 | 8:13 pm
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POSITIVE IMPACT
Ardelyx's Q3 sales of $98.24 million exceeded expectations by 13.39%, showing a significant year-over-year growth of 74.21%.
The significant beat on sales estimates and strong year-over-year growth suggest positive market sentiment and potential upward movement in Ardelyx's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100