Akebia Therapeutics Reports Second Quarter 2021 Financial Results and Highlights Recent Company Milestones

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Akebia Therapeutics (AKBA) Misses Q2 EPS by 19c

August 5, 2021 8:04 AM EDT

Akebia Therapeutics (NASDAQ: AKBA) reported Q2 EPS of ($0.51), $0.19 worse than the analyst estimate of ($0.32). Revenue for the quarter came in at $52.9 million versus the consensus estimate of $52.88 million.

"The first half of 2021 has been marked by significant milestones that have further strengthened Akebia's position and the potential market opportunity for vadadustat, an investigational oral hypoxia-inducible factor prolyl hydroxylase inhibitor (HIF-PHI), setting the stage for an exciting and catalyst-rich year ahead for us. During the quarter, these... More