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Prothena: 1Q Earnings Snapshot

May 6, 2020 GMT

DUBLIN (AP) _ Prothena Corp. (PRTA) on Wednesday reported a loss of $23.6 million in its first quarter.

The Dublin-based company said it had a loss of 59 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 60 cents per share.

The drug developer posted revenue of $141,000 in the period.

Prothena shares have declined 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.92, an increase of 13% in the last 12 months.



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