Prothena: Q3 Earnings Snapshot
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DUBLIN (AP) — DUBLIN (AP) — Prothena Corp. (PRTA) on Thursday reported third-quarter net income of $21.9 million.
On a per-share basis, the Dublin-based company said it had profit of 38 cents.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.
The drug developer posted revenue of $84.9 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $51.9 million.
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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
