Ironwood's Q3 Earnings Lag Estimates, Revenues Top, Stock Down [Yahoo! Finance]
AstraZeneca PLC - American Depositary Shares (AZN)
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm
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Source: Yahoo! Finance
The company had recorded adjusted earnings of 12 cents per share in the year-ago quarter. Total revenues in the third quarter were $91.6 million, which beat the Zacks Consensus Estimate of $89 million. However, the top line decreased almost 19.4% year over year due to the decrease in collaborative arrangements revenues related to its sole marketed drug, Linzess (linaclotide). Shares of Ironwood were down 7.5% on Nov. 7 following the announcement of the earnings. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. As reported by partner AbbVie ABBV, Ironwood's marketed product — Linzess — generated net sales of $225.5 million in the United States, down 19% year over year, due to continued pricing pressure. However, total prescriptions for Linzess increased 13% year over year. Ironwood and AbbVie equally share Linzess' brand collaboration profits and losses. IRWD's share of net profit from the sales of Linzess in the United States (included in collabora
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Sec Filings
- 11/12/24 - Form 6-K
- 11/12/24 - Form 6-K
- 11/12/24 - Form 6-K
- AZN's page on the SEC website