Earnings Summary

Ardelyx Inc’s revenue jumped 784.13% since last year same period to $22.33Mn in the Q2 2023. On a quarterly growth basis, Ardelyx Inc has generated 96.44% jump in its revenue since last 3-months.

Ardelyx Inc’s net profit jumped 36.44% since last year same period to $-17.12Mn in the Q2 2023. On a quarterly growth basis, Ardelyx Inc has generated 36.05% jump in its net profits since last 3-months.

Ardelyx Inc’s net profit margin jumped 92.81% since last year same period to -76.66% in the Q2 2023. On a quarterly growth basis, Ardelyx Inc has generated 67.45% jump in its net profit margins since last 3-months.

Ardelyx Inc’s earning per share (EPS) estimates for the current quarter stand at -0.02 - a 88.24% jump from last quarter’s estimates.

Ardelyx Inc’s earning per share (EPS) estimates for the current year stand at -0.02.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ardelyx Inc’s return on assets (ROA) stands at -0.17.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ardelyx Inc’s return on equity (ROE) stands at -0.64.