Ionis provides third quarter financial results and improved 2019 guidance

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Ionis Pharmaceuticals (IONS) Tops Q3 EPS by 50c, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus

November 6, 2019 7:21 AM EST

Ionis Pharmaceuticals (NASDAQ: IONS) reported Q3 EPS of $0.18, $0.50 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $168 million versus the consensus estimate of $153.8 million.

"Our commitment to innovation and to advancing our antisense technology has enabled us to produce a broad pipeline of potentially transformational medicines for patients with rare and common diseases. Our commercial medicines, SPINRAZA, TEGSEDI and WAYLIVRA, are important examples of the life-changing potential of our pipeline. In early October, we licensed AKCEA-ANGPTL3-LRx to... More