Ardelyx is trading at $3.23, up 6.77%, after near break-even earnings beat expectations for a loss.
- The November 3 report showed IBSRELA sales up 23% year over year to $96.3 million.
- Management reaffirmed 2026 product revenue guidance and its 2027 profitability target.
- Revenue estimates are mixed: supplied context says a miss, while some published reports describe revenue above estimates. XBI rose 2.13%, potentially supporting the biotech-sector move.