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Ionis Pharmaceuticals beats Q3 revenue but lowers TRYNGOLZA guidance

Barrons.com +3 · ·by G4L

IONS
IONS Ionis Pharmaceuticals Inc
$28.19 -9.06%
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  1. 1Ionis Pharmaceuticals recorded Q3 revenue of $243 million.
  2. 2Ionis Pharmaceuticals lowered its 2026 TRYNGOLZA guidance to approximately $50 million.
  3. 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.

Source Barrons.com +3 · View original ↗

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