Ionis Pharmaceuticals beats Q3 revenue but lowers TRYNGOLZA guidance
IONS Ionis Pharmaceuticals Inc
$28.19 -9.06%
View chart & analysis → - 1Ionis Pharmaceuticals recorded Q3 revenue of $243 million.
- 2Ionis Pharmaceuticals lowered its 2026 TRYNGOLZA guidance to approximately $50 million.
- 3Ionis Pharmaceuticals pushed back its cash flow break-even target from 2028 to 2029.
So what's the key point?
Ionis Pharmaceuticals' Q3 revenue of $243 million was higher than expected. However, the company lowered the future revenue outlook for a specific drug and delayed its timeline to reach profitability.
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