logo

This website uses cookies to ensure you get the best experience on our website.

Read through the Privacy Policy to understand better

 Go Back

Aridis Pharmaceuticals Reports Net Income of $12.1 Million for Q2 2023

By USInMinutes - Sep 14, 2023, 08:30 AM ET
Last Updated - May 07, 2024, 07:58 AM EDT
Aridis Pharmaceuticals_Logo

Quarterly Revenue Generates $19.6 Million Aridis Pharmaceuticals, Inc. [ARDS] has released its financial results for the second quarter of 2023, reporting a net income of $12.1 million. The company also generated a revenue of $19.6 million for the quarter, marking a significant improvement compared to the same period last year

Aridis Pharmaceuticals, Inc. [ARDS] has released its financial results for the second quarter of 2023, reporting a net income of $12.1 million. The company also generated a revenue of $19.6 million for the quarter, marking a significant improvement compared to the same period last year. 

Financial Performance 

Sponsored

Despite facing challenges in the past, Aridis Pharmaceuticals has shown a strong financial performance in Q2 2023. The company's net income of $12.1 million indicates a substantial turnaround from the loss of $7.9 million reported in the same quarter of the previous year. This positive result can be attributed to several factors, including increased revenue and effective cost management. 

Revenue Growth 

By continuing to use this site, you agree to our terms and conditions
Sponsored
Sponsored
Sponsored
Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
    Phone: +1 (425) 414-0184
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
    Phone: +91 80 4902 2100
4.2 20250324