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What happened, with direct paths to the underlying reporting
- Prothena (PRTA) reported a wider loss per share due to higher expenses and lower revenues. - Total revenues in Q1 were $0.05 million, missing estimates and declining from the previous year. - Pipeline updates include ongoing studies for Alzheimer's and Parkinson's disease treatments. - Share price of PRTA has fallen 36.6% year to date compared to the industry. Price Impact Rating: Bearish Impact Horizon Rating: Long-term Type: Research Analysis
- Prothena (PRTA) reported a wider loss per share due to higher expenses and lower revenues.
- Total revenues in Q1 were $0.05 million, missing estimates and declining from the previous year.
- Pipeline updates include ongoing studies for Alzheimer's and Parkinson's disease treatments.
- Share price of PRTA has fallen 36.6% year to date compared to the industry.
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