Ardelyx (ARDX) shares surged 9.57% in after-hours trading following its Q3 2026 earnings report. The biotech company reported a 19% year-over-year revenue increase and a narrowed net loss, moving closer to profitability. While product revenue of $125.5 million slightly missed the $129.22 million forecast, investors focused on strong demand for IBSRELA and reaffirmed full-year guidance. The company ended the quarter with $285.3 million in cash, indicating strong financial health as it scales operations .
Earnings call transcript: Ardelyx tops growth goals in Q3 2026 as stock jumps
INVESTING.COMNov 3, 10:10 PM UTC
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