Akebia Reports Fourth Quarter and Full-Year 2020 Financial Results and Provides Business Updates

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Akebia Therapeutics (AKBA) Misses Q4 EPS by 20c, Revenues Beat

February 25, 2021 8:09 AM EST

Akebia Therapeutics (NASDAQ: AKBA) reported Q4 EPS of ($0.60), $0.20 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $56.7 million versus the consensus estimate of $51.16 million.

"2020 was a year of focused execution for Akebia as we advanced vadadustat, our investigational oral hypoxia-inducible factor prolyl hydroxylase inhibitor (HIF-PHI), and executed on our commercial priorities. Importantly, we achieved this while... More