Ionis Pharma (IONS) Misses Q1 EPS by 2c

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Go back to Ionis Pharma (IONS) Misses Q1 EPS by 2c

Ionis Reports Financial Results and Highlights for First Quarter 2017

May 9, 2017 7:01 AM EDT

CARLSBAD, Calif., May 9, 2017 /PRNewswire/ -- Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today reported significantly improved financial results over the same period last year with operating income of $14 million and net income of $3 million, both on a GAAP basis. The Company's pro forma results were also improved over the same period last year. Ionis ended the first quarter with more than $860 million in cash, cash equivalents and short-term investments and is on track to meet its financial guidance for the year.

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