earnings
confidence high
sentiment positive
materiality 0.80
Ionis Q4 revenue $325M, up 114%; WAINUA approved; 2024 guidance: revenue >$575M
IONIS PHARMACEUTICALS INC
2023-FY EPS reported
-$2.56
revenue$324,505,000
- Q4 total revenue $325M (up 114% YoY); full year revenue $788M (up 34%); Q4 operating loss narrowed to $6M from $208M.
- WAINUA (eplontersen) FDA-approved for ATTRv-PN; U.S. launch underway; $50M milestone from AstraZeneca.
- Positive Phase 3 data for olezarsen (FCS) and donidalorsen (HAE); preparing regulatory submissions.
- 2024 guidance: revenue >$575M, non-GAAP operating loss <$475M, cash ~$1.7B.
- SPINRAZA royalties $240M in 2023; QALSODY royalties included; pipeline milestones with bepirovirsen, ION582.