Ironwood: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 07:51 AM ET
Last Updated - Jun 21, 2023, 10:55 PM EDT
BOSTON (AP) — BOSTON (AP) — Ironwood Pharmaceuticals Inc. (IRWD) on Thursday reported first-quarter earnings of $45.7 million.
The Boston-based company said it had net income of 25 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The drugmaker posted revenue of $104.1 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $99.8 million.
