Ionis Pharma (IONS) Misses Q1 EPS by 2c

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.

... More