NasdaqGM:ARDXBiotechs
Why Ardelyx (ARDX) Is Up 10.6% After Raising IBSRELA Sales Outlook and Reporting Strong Q2 Revenue
Earlier this month, Ardelyx, Inc. announced the adoption of updated company bylaws, key executive appointments, and reported strong second-quarter financial results, including a rise in revenue to US$97.66 million and increased full-year net sales guidance for IBSRELA.
An interesting aspect is that Ardelyx not only grew sales but also raised revenue expectations for its lead therapy, signaling confidence in ongoing product performance despite continued net losses and pending CFO...