Prothena: Q1 Earnings Snapshot
In this article:
DUBLIN (AP) — DUBLIN (AP) — Prothena Corp. (PRTA) on Thursday reported a loss of $46.9 million in its first quarter.
The Dublin-based company said it had a loss of 89 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 83 cents per share.
The drug developer posted revenue of $2.2 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $15 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRTA at https://www.zacks.com/ap/PRTA
