Ionis Pharmaceuticals swings to fourth-quarter profit on a YOY basis
Source: IRIS | 01 Mar, 2017, 10.44AM
Powered by IRIS XBRL Data
|
|
|
|
|
| Rating: NAN / 5 stars. |
 Comments | Post Comment |
|
Notice: Undefined variable: fileR in /me/beta.myiris.com/htdocs/newsCentre/bin/addLinksNew.php on line 17
Notice: Undefined variable: fileR in /me/beta.myiris.com/htdocs/newsCentre/bin/addLinksNew.php on line 142
 Ionis Pharmaceuticals, Inc (ISIS) swung to a net profit for the quarter ended Dec. 31, 2016. The company has made a net profit of $25.86 million, or $ 0.21 a share in the quarter, against a net loss of $71.43 million, or $0.59 a share in the last year period. Revenue during the quarter surged 210.93 percent to $160.35 million from $51.57 million in the previous year period. Operating income for the quarter was $41.16 million, compared with an operating loss of $62.94 million in the previous year period. Ionis' Chief exeutive officer, Dr. Stanley Crooke, received two awards, the E. B. Hershberg Award from the American Chemical Society and the Lifetime Achievement Award from the Oligonucleotide Therapeutics Society, recognizing his achievements in the field of oligonucleotide therapeutics. Debt increases substantially
Ionis Pharmaceuticals, Inc has witnessed an increase in total debt over the last one year. It stood at $587.92 million as on Dec. 31, 2016, up 26.73 percent or $123.99 million from $463.93 million on Dec. 31, 2015. Total debt was 64.43 percent of total assets as on Dec. 31, 2016, compared with 48.52 percent on Dec. 31, 2015. Debt to equity ratio was at 5.90 as on Dec. 31, 2016, up from 2.31 as on Dec. 31, 2015. Disclaimer: Please note that this is an auto-generated article. IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website. For queries contact: editor@irisindia.net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warning: fopen(/me/beta.myiris.com/htdocs/newsCentre/news_web_count.txt): failed to open stream: Permission denied in
/me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line
566
Warning: fwrite() expects parameter 1 to be resource, boolean given in
/me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line
567
Warning: fclose() expects parameter 1 to be resource, boolean given in
/me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line
568
Notice: Undefined index: key in
/me/beta.myiris.com/htdocs/newsCentre/storyShow.php on line
571
