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PTC Therapeutics Q1 2023 Earnings Report

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$43.84 +0.76 (+1.76%)
As of 01/17/2025 04:00 PM Eastern

PTC Therapeutics EPS Results

Actual EPS
-$1.88
Consensus EPS
-$1.64
Beat/Miss
Missed by -$0.24
One Year Ago EPS
-$1.78

PTC Therapeutics Revenue Results

Actual Revenue
$220.38 million
Expected Revenue
$200.48 million
Beat/Miss
Beat by +$19.90 million
YoY Revenue Growth
+48.20%

PTC Therapeutics Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

PTC Therapeutics Earnings Headlines

FY2024 EPS Estimate for PTC Therapeutics Raised by Analyst
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PTC Therapeutics sees FY25 revenue $600M-$800M
See More PTC Therapeutics Headlines
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About PTC Therapeutics

PTC Therapeutics (NASDAQ:PTCT), a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to patients with rare disorders in the United States and internationally. The company offers Translarna and Emflaza for the treatment of Duchenne muscular dystrophy; Upstaza to treat aromatic l-amino acid decarboxylas (AADC) deficiency, a central nervous system disorder; Tegsedi and Waylivra for the treatment of rare diseases; and Evrysdi to treat spinal muscular atrophy (SMA) in adults and children. Its development pipeline products include Sepiapterin for the treatment of phenylketonuria; PTC518 splicing platform, which is being developed for the treatment of Huntington's disease; and ferroptosis and inflammation platforms, including vatiquinone to treat Friedreich ataxia and utreloxastat for the treatment of amyotrophic lateral sclerosis. The company distributes its products through third-party distributors. It has collaborations with F. Hoffman-La Roche Ltd, Hoffman-La Roche Inc., the SMA Foundation, National Taiwan University, Akcea Therapeutics, Inc., and Shiratori Pharmaceutical Co., Ltd. PTC Therapeutics, Inc. was incorporated in 1998 and is headquartered in South Plainfield, New Jersey.

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