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Stock impact report

Ironwood Pharmaceuticals Reports First Quarter 2022 Results; Maintains Full Year 2022 Financial Guidance

Ironwood Pharmaceuticals, Inc. - Class A (IRWD) 
Last ironwood pharmaceuticals, inc. - class a earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ironwoodpharma.com
Company Research Source: Business Wire
– LINZESS® (Iinaclotide) prescription demand growth increased 11% year-over-year; LINZESS U.S. net sales of $232 million, an increase of 8% year-over-year –– Total revenue of $98 million; U.S. LINZESS collaboration revenue of $94 million –– GAAP net income of $39 million and adjusted EBITDA of $58 million; ended Q1 2022 with $593 million in cash and cash equivalents – BOSTON--(BUSINESS WIRE)--Ironwood Pharmaceuticals, Inc. (Nasdaq: IRWD), a GI-focused healthcare company, today reported its first quarter 2022 results and recent business performance.“Continuing the growth and momentum from 2021 when LINZESS exceeded $1 billion in U.S. net sales and earned blockbuster status, we believe we are in a strong position to realize our vision of becoming the leading U.S. GI healthcare company,” said Tom McCourt, chief executive officer of Ironwood. “We continue to be excited by the performance of LINZESS, which has delivered another quarter of double-digit prescription demand growth year-ove Show less Read more
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