earnings
confidence high
sentiment neutral
materiality 0.70
Ionis Q2 2023 revenue up 40% to $188M; eplontersen PDUFA set for Dec 22, 2023
IONIS PHARMACEUTICALS INC
2023-Q2 EPS reported
-$1.47
revenue$318,935,000
- Total revenue $188M in Q2 (+40% YoY); operating loss $91M GAAP, $64M non-GAAP.
- Cash & short-term investments $2.4B; issued $575M notes due 2028 at 1.75%, repurchased $434M of 2024 notes.
- Eplontersen Phase 3 shows improvement through 85 weeks; PDUFA date Dec 22, 2023.
- Donidalorsen OASIS-HAE and eplontersen CARDIO-TTRansform enrollment complete; data H1:2024 and H1:2025.
- SPINRAZA royalties flat at $61M in Q2; Biogen's QALSODY approved for SOD1-ALS.