Ionis Pharmaceuticals: Q2 Earnings Insights

Ionis Pharmaceuticals: Q2 Earnings Insights

 

Ionis Pharmaceuticals IONS reported its Q2 earnings results on Tuesday, August 9, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Ionis Pharmaceuticals beat estimated earnings by 9.68%, reporting an EPS of $-0.56 versus an estimate of $-0.62.

Revenue was up $8.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.44 which was followed by a 3.87% drop in the share price the next day.

Here's a look at Ionis Pharmaceuticals's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.71 0.28 -0.51 -0.58
EPS Actual -0.27 1.55 -0.34 -0.26
Revenue Estimate 125.21M 259.15M 158.38M 129.94M
Revenue Actual 142.00M 440.00M 133.00M 126.00M

To track all earnings releases for Ionis Pharmaceuticals visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews