Ionis Pharmaceuticals (NASDAQ:IONS) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

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

Earnings

Ionis Pharmaceuticals beat estimated earnings by 25.27%, reporting an EPS of $-0.68 versus an estimate of $-0.91.

Revenue was down $11.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.26 which was followed by a 0.3% drop in the share price the next day.

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

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.