Ardelyx Shares Fall After Missing Profit Expectations

Dow Jones02-21

By Katherine Hamilton

Ardelyx shares fell after the company missed analysts' expectations that it would post a profit.

The stock fell 13% to $5.89 Friday. Shares are still up 2% over the past 12 months.

The biopharmaceutical company recorded a loss of $407,000 in the fourth quarter, which came out to be breaking even on a per-share basis.

Analysts polled by FactSet had been expecting net income of $4,500, or one cent a share.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

February 20, 2026 13:38 ET (18:38 GMT)

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