$LGND Q3 '26 Earnings Results & Recap
• Reported GAAP EPS of $2.67 down -13.59% YoY
• Reported revenue of $78.75M down -9.37% YoY
• Ligand raised 2026 adjusted earnings per diluted share guidance to approximately $9.50 to $9.75 from approximately $9.00 to $9.50, and reaffirmed total revenue guidance of $270M to $310M.