Ironwood: Q3 Earnings Snapshot
BOSTON (AP) — BOSTON (AP) — Ironwood Pharmaceuticals Inc. (IRWD) on Thursday reported third-quarter earnings of $15.3 million.
On a per-share basis, the Boston-based company said it had profit of 9 cents. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.
The drugmaker posted revenue of $113.7 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $113.1 million.
Ironwood expects full-year revenue in the range of $435 million to $450 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IRWD at https://www.zacks.com/ap/IRWD
