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Stock impact report

Akebia Therapeutics Is An Attractive Investment In 2018 [Seeking Alpha]

Akebia Therapeutics, Inc. (AKBA) 
Last akebia therapeutics, inc. earnings: 3/10 07:49 am Check Earnings Report
US:NASDAQ Investor Relations: ir.akebia.com/investor-relations
Company Research Source: Seeking Alpha
Summary Headquartered in Cambridge, Massachusetts, Akebia Therapeutics ( AKBA ) has taken on the fast track route to transform from being a development-stage company to a leading fully integrated renal company with an anticipated pro-forma market capitalization of over $1.0 billion . The merger with commercial stage company, Keryx Pharmaceuticals, expected to be completed by end of 2018, has catapulted Akebia Therapeutics as a front line contended to investor dollars in the renal space. And things seem to have definitely picked up the pace, considering that Akebia Therapeutics and Keryx Pharmaceuticals have announced chairman for the combined company on November 15. In its third-quarter earnings , Akebia Therapeutics has managed to surpass both revenue and EPS estimates. The company's revenues of $53.17 million were higher than the consensus analyst estimate by $6.57 million, while GAAP loss per share of $0.46 was lower than the consensus estimate by $0.17. In the Show less Read more
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