Investing.com - Ionis Pharma reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ionis Pharma announced earnings per share of $-0.33 on revenue of $160M. Analysts polled by Investing.com EPS of $-0.72 on revenue of $145.75M.
Ionis Pharma 's are down 16.73% and is trading at $43.35 , still down 13.46% from its 52 week high of $48.82 set on Monday, September 12, 2022.
Ionis Pharma shares gained 2.60% to trade at $43.35 in pre-market trade the report.
Ionis Pharma follows other major Healthcare sector earnings this month
Ionis Pharma's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
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