Proteon Therapeutics: 3Q Earnings Snapshot
WALTHAM, Mass. (AP) _ Proteon Therapeutics Inc. (PRTO) on Wednesday reported a loss of $4.5 million in its third quarter.
On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 25 cents.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.
The company’s shares closed at $1.74. A year ago, they were trading at $2.