Ionis Pharmaceuticals Inc (NAS:IONS)
$ 38.8 -0.28 (-0.72%) Market Cap: 5.66 Bil Enterprise Value: 4.94 Bil PE Ratio: 0 PB Ratio: 19.11 GF Score: 74/100

Q4 2018 Ionis Pharmaceuticals Inc Earnings Call Transcript

Feb 27, 2019 / 04:30PM GMT
Release Date Price: $70.94 (+15.12%)
Operator

Good morning, everyone, and welcome to Ionis Pharmaceuticals' 2018 Financial Results Conference Call. As a reminder, this call is being recorded. At this time, I would like to turn the call over to Wade Walke, Vice President, Investor Relations, to lead off the call. Please, begin.

D. Wade Walke
Ionis Pharmaceuticals, Inc. - VP of IR

Thank you, William. Before we begin, please note that we are now using non-GAAP in place of pro forma when discussing our financial results that exclude noncash compensation expense related to equity awards. This is merely a change in the description of our adjusted results and not a change in the calculation. As always, I encourage everyone to go to the Investors section of the Ionis website to find the press release and related financial tables, including a reconciliation of GAAP to non-GAAP financial measures that we will discuss today. We believe non-GAAP financial results better represent the economics of our business and how we manage our business. We've also posted slides on our website that accompany our discussion today.

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