Ardelyx Reports Mixed Q4 Results: Earnings Miss, Revenue Beat



Ardelyx, Inc. (NASDAQ:ARDX) reported its fourth-quarter financial results after the bell Thursday. Here’s a look at the details.

The Details:

Ardelyx reported quarterly losses of 12 cents per share which missed the analyst consensus estimate of losses of 10 cents by 20%.

The company reported quarterly sales of $34.36 million, beating the analyst consensus estimate of $34.23 million by 0.39% and representing a 22.22% decrease over sales of $44.18 million the same period last year.

Ardelyx …

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