Ultragenyx Pharmaceutical Inc. (RARE) announced its financial performance for the second quarter, revealing a narrower net loss of $114.9 million. This loss equates to $1.17 per share, marking an improvement from the previous year's deficit of $131.6 million or $1.52 per share.
During the same period, the company's revenue increased by 13.3%, reaching $166.5 million compared to $147.0 million in the previous year.
Key financial indicators (GAAP):
- Net loss: $114.9 million (previously $131.6 million)
- Earnings per share: -$1.17 (previously -$1.52)
- Revenue: $166.5 million (previously $147.0 million)
Looking ahead, Ultragenyx projects full-year revenue between $640 million and $670 million.
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Date: July 25, 2025, 14:49 ET
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Ultragenyx Reports Improved Q2 Financial Results Despite Loss Reduction
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