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Jun 30, 2022
Ardelyx Q2 2022 Earnings Report
Reported financial results for the second quarter ended June 30, 2022.
Key Takeaways
Ardelyx reported a net product sales for IBSRELA of $1.6 million, collaboration revenue of $1.0 million, research and development expenses of $9.7 million, selling, general and administrative expenses of $18.9 million, and a net loss of $26.9 million for the second quarter ended June 30, 2022.
Net product sales for IBSRELA were $1.6 million during the quarter ended June 30, 2022.
Collaboration revenue was $1.0 million for the quarter ended June 30, 2022.
Research and development expenses decreased by 62.6% to $9.7 million for the quarter ended June 30, 2022.
Net loss for the quarter ended June 30, 2022 was $26.9 million, or $0.19 per share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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