Proteon Therapeutics: 2Q Earnings Snapshot
WALTHAM, Mass. (AP) _ Proteon Therapeutics Inc. (PRTO) on Tuesday reported a loss of $4.9 million in its second quarter.
On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 28 cents.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.
The company’s shares closed at $2.25. A year ago, they were trading at $1.25.