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Ionis Pharma rises after lifting 2025 revenue forecast

ReutersApr 30, 2025 1:37 PM

Shares of drugmaker Ionis Pharmaceuticals IONS.O rise 6% to $31.65

IONS ups 2025 sales forecast to $725 mln to $750 mln, up from prior forecast of at least $600 mln; analysts were expecting 2025 sales to be $659.7 mln - LSEG

IONS posts Q1 sales of $132 mln vs analysts' est of $125.3 mln - LSEG

IONS reports Q1 loss of 93 cents, compared with a loss of 98 cents a year ago

As of last close, stock down 14.7% YTD

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