Recap: Ionis Pharmaceuticals Q1 Earnings

Ionis Pharmaceuticals 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:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.92 -0.74 -0.62 -0.71
EPS Actual -1.18 -0.16 -0.56 -0.27
Revenue Estimate 158.65M 143.84M 140.70M 125.21M
Revenue Actual 152.00M 160.00M 134.00M 142.00M

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.

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