BOSTON (AP) — BOSTON (AP) — Ironwood Pharmaceuticals Inc. (IRWD) on Thursday reported a loss of $860,000 in its second quarter.
On a per-share basis, the Boston-based company said it had a loss of 1 cent. Earnings, adjusted for one-time gains and costs, were less than 1 cent on a per-share basis.
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.
The drugmaker posted revenue of $94.4 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $103.8 million.
Ironwood expects full-year revenue in the range of $350 million to $375 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IRWD at https://www.zacks.com/ap/IRWD
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