AP NEWS

Ironwood: 3Q Earnings Snapshot

November 6, 2018

CAMBRIDGE, Mass. (AP) _ Ironwood Pharmaceuticals Inc. (IRWD) on Tuesday reported a loss of $174.4 million in its third quarter.

On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of $1.14. Losses, adjusted for non-recurring costs, were 38 cents per share.

The drugmaker posted revenue of $65.7 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $92.3 million.

Ironwood shares have fallen nearly 6 percent since the beginning of the year. The stock has dropped 11 percent in the last 12 months.

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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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