DUBLIN (AP) — DUBLIN (AP) — Prothena Corp. (PRTA) on Wednesday reported a loss of $72.2 million in its first quarter.
On a per-share basis, the Dublin-based company said it had a loss of $1.34.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.21 per share.
The drug developer posted revenue of $50,000 in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $3.8 million.
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