Ionis reports third quarter 2020 financial results and recent business achievements

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Ionis Pharmaceuticals (IONS) Misses Q3 EPS by 13c, Revenues Miss

November 4, 2020 7:06 AM EST

Ionis Pharmaceuticals (NASDAQ: IONS) reported Q3 EPS of ($0.22), $0.13 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $160 million versus the consensus estimate of $182.14 million.

"We took an important step forward in our evolution when we acquired Akcea. This transaction supports our commercial strategy, further enabling us to maximize the value of our Ionis-owned pipeline. As one company, we believe we are stronger and more efficient, with an enhanced ability to... More