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Prothena Q1 2023 Earnings Report

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$15.22 -0.79 (-4.93%)
(As of 12/20/2024 05:51 PM ET)

Prothena EPS Results

Actual EPS
-$0.89
Consensus EPS
-$0.83
Beat/Miss
Missed by -$0.06
One Year Ago EPS
-$0.78

Prothena Revenue Results

Actual Revenue
$2.17 million
Expected Revenue
$7.53 million
Beat/Miss
Missed by -$5.36 million
YoY Revenue Growth
+88.10%

Prothena Announcement Details

Quarter
Q1 2023
Time
After Market Closes
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Prothena Earnings Headlines

Optimistic Outlook on Prothena Despite Phase 2b PADOVA Setbacks
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Prothena price target lowered to $48 from $84 at H.C. Wainwright
Prothena stock soars despite study miss
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About Prothena

Prothena (NASDAQ:PRTA), a late-stage clinical biotechnology company, focuses on discovery and development of novel therapies to treat diseases caused by protein dysregulation in the United States. The company is involved in developing birtamimab, an investigational humanized antibody that is in Phase III clinical trial for the treatment of AL amyloidosis; Prasinezumab, a humanized monoclonal antibody, for the treatment of Parkinson's disease and other related synucleinopathies which is in Phase IIb clinical trial; NNC6019 that is in Phase lI clinical trial for the treatment of ATTR amyloidosis; and BMS-986446 and PRX012, which is in Phase I clinical trial for the treatment of Alzheimer's disease. Its discovery and preclinical programs include PRX123, a dual Aß-Tau vaccine for the treatment and prevention of Alzheimer's disease; and PRX019 for the treatment of neurogenerative diseases, as well as TDP-43 for the treatment of amyotrophic lateral sclerosis. Prothena Corporation plc has a license, development, and commercialization agreement with F. Hoffmann-La Roche Ltd. and Hoffmann-La Roche Inc. to develop and commercialize antibodies that target a-synuclein, including prasinezumab; and a collaboration agreement with Bristol-Myers Squibb to develop and commercialize antibodies targeting tau, TDP-43. The company was incorporated in 2012 and is based in Dublin, Ireland.

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