Ardelyx Third Quarter 2024 Earnings: US$0.003 loss per share (vs US$0.03 profit in 3Q 2023)

Simply Wall St.11-02

Ardelyx (NASDAQ:ARDX) Third Quarter 2024 Results Key Financial Results Revenue: US$98.2m (up 74% from 3Q 2023). Net loss: US$809.0k (down by 112% from US$6.63m profit in 3Q 2023). US$0.003 loss per ...

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All figures shown in the chart above are for the trailing 12 month  period. Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.The company's shares are up 5.5% from a week ago.Don't forget that there may still be risks. 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For instance, we've identified   1 warning sign for Ardelyx  that you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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