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0.000218371231092989 0.00190323550035072 0.00230391665831918 0.00230391665831918 0.00330561955324063 -0.00290493839527188 0.00190323550035072 0.00190323550035072
Stock impact report

Ionis Pharmaceuticals' Royalties Rise, but So Do Expenses [The Motley Fool]

Ionis Pharmaceuticals, Inc. (IONS) 
Last ionis pharmaceuticals, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ionispharma.com
Company Research Source: The Motley Fool
It's hard to make a profit that way, but the situation seems temporary as the biotech waits for FDA approval of two drugs. In the second quarter, Ionis Pharmaceuticals ( NASDAQ:IONS ) continued bringing in royalties from its spinal muscular atrophy drug Spinraza. Unfortunately, the cash and the revenue it receives from licensing deals wasn't enough to cover expenses as the biotech waits for approval for a pair of other drugs under review by the Food and Drug Administration. Despite the quarterly loss, management thinks it'll have an operating profit for this year -- at least on a pro forma basis. Ionis Pharmaceuticals results: The raw numbers Metric Q2 2018 Q2 2017 Year-Over-Year Change Revenue $117.7 million $112.3 million 4.8% Income from operations ($50.3 million) $6.5 million N/A Earnings per share ($0.29) ($0.02) N/A Data source: Ionis Pharmaceuticals. What ha Show less Read more
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