Ironwood Pharma (IRWD) Tops Q3 EPS by 6c; Trims Cash Burn Outlook
Ironwood Pharma (NASDAQ: IRWD) reported Q3 EPS of ($0.18), $0.06 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $66.1 million versus the consensus estimate of $60.01 million.
Ironwood now expects to use less than $50 million in cash for operations in 2016, down from previous guidance of less than $70 million.
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