Ironwood Pharmaceuticals Reports Third Quarter 2019 Results; Raises Full Year 2019 Guidance

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Ironwood Pharma (IRWD) Tops Q3 EPS by 29c, Revenues Beat; Boosts FY19 Revenue Guidance Above Consensus

October 31, 2019 7:30 AM EDT

Ironwood Pharma (NASDAQ: IRWD) reported Q3 EPS of $0.40, $0.29 better than the analyst estimate of $0.11. Revenue for the quarter came in at $131 million versus the consensus estimate of $97.1 million.

Total revenue of $131 million, driven primarily by LINZESS® (linaclotide) U.S. collaboration revenue of $85 million and ex-U.S. license and milestone... More