Recap: Prothena Corp Q1 Earnings

Prothena Corp (NASDAQ:PRTA) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM. Here’s what…

Prothena Corp (NASDAQ:PRTA) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Prothena Corp beat estimated earnings by 5.32%, reporting an EPS of $-0.89 versus an estimate of $-0.94.

Revenue was up $1.02 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.59 which was followed by a 7.11% increase in the share price the next day.

Here’s a look at Prothena Corp’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.47 -0.53 -0.52 -0.68
EPS Actual 0.12 -0.97 -0.88 -0.78
Revenue Estimate 29.14M 22.06M 17.17M 8.08M
Revenue Actual 49.92M 1.52M 1.31M 1.15M

To track all earnings releases for Prothena Corp visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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