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Ultragenyx posts record $214M Q2 revenue, stays on track for 2027 profitability with key drug approvals ahead

Company Fundamentals
04 Aug 2026
GlobeNewsWire
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Bullish
Ultragenyx posts record $214M Q2 revenue, stays on track for 2027 profitability with key drug approvals ahead

Ultragenyx reported a record $214 million in total revenue for Q2 2026, driven by strong sales of Crysvita and Dojolvi. The company reaffirmed its 2026 revenue guidance of $730-$760 million and expects combined R&D and SG&A expenses to remain flat or slightly decrease compared to 2025. Key upcoming catalysts include FDA decisions on two gene therapies and pivotal Phase 3 data for GTX-102 in Angelman syndrome, positioning Ultragenyx for growth and profitability in 2027. Cash reserves stood at $436 million as of June 30, 2026, supporting ongoing operations and development programs.

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Taiwan's Taiex hits record intraday high on tech rally led by semiconductor giants

Taiwan's Taiex hits record intraday high on tech rally led by semiconductor giants

Taiwan's Taiex index reached a record intraday high of 48,601.53 driven by strong gains in the tech sector, especially semiconductor companies like TSMC, MediaTek, and Delta Electronics. This surge follows an AI-driven rally on Wall Street fueled by ...

Market News
Bullish
4 hours ago
China's lithium prices drop as major mine loses license; miners report strong H1 profits and expansions.

China's lithium prices drop as major mine loses license; miners report strong H1 profits and expansions.

China's lithium carbonate and spodumene spot prices fell significantly over the past month, influenced by the loss of license at CATL's Jianxiawo Mine, the country's largest lithium mine, which has returned to care and maintenance. Despite the price ...

Market News
Bullish
4 hours ago
Zcash price dips after rally amid debate over $95M developer fund's future

Zcash price dips after rally amid debate over $95M developer fund's future

Zcash (ZEC) price pulled back from a September peak near $1,590 to about $1,430, pausing after a strong rally. Institutional interest remains high, supported by Grayscale's Zcash ETF and a planned share split. The main issue is a debate over the Zcas...

Protocol Fundamentals
Neutral
4 hours ago
Ethereum breaks $2500 resistance, posts strongest Q3 since 2016 with 67.57% gain

Ethereum breaks $2500 resistance, posts strongest Q3 since 2016 with 67.57% gain

Ethereum (ETH) has surpassed the $2500 resistance level, trading at $2,716.86 after a 5.7% rise in 24 hours, marking its strongest third quarter since 2016 with a 67.57% gain so far. This recovery follows two negative quarters in early 2026 where ETH...

Market News
Bullish
4 hours ago
Chinese President Xi Jinping to visit U.S. with top American tech CEOs attending key dinner

Chinese President Xi Jinping to visit U.S. with top American tech CEOs attending key dinner

Chinese President Xi Jinping is set to visit the U.S. from Wednesday to Friday, with several top American tech executives like Microsoft CEO Satya Nadella, Nvidia's Jensen Huang, and Apple's Tim Cook attending a key dinner in Washington, D.C. The Chi...

Market News
Neutral
5 hours ago
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