Prothena Corporation plc Reports Q2 2024 Financial Results
Intellectia.AI Updated: 1970-01-01
Prothena Corporation plc Reports Q2 2024 Financial Results
Prothena Corporation plc (PRTA) reported its financial results for the second quarter of 2024 on August 8, 2024. The following is a summary of the key financial and operational metrics, along with insights based on the reported data.
Key Financial Metrics
| Metric | Q2 2024 | Consensus Estimate |
|---|---|---|
| Total Revenue | $10.73M | $10.73M |
| Earnings Per Share (EPS) | -$1.05 | -$1.05 |
Prothena met consensus estimates for both revenue ($10.73M) and EPS (-$1.05) for the current quarter. Due to the lack of comparative data from the previous year and quarter, it is challenging to assess the company's performance trend. However, meeting consensus estimates suggests stable performance.
Stock Price Movement
Following the earnings release, Prothena’s stock saw a positive movement, increasing by 2.18%.
In summary, while Prothena Corporation plc met the Wall Street consensus estimates for both revenue and EPS for Q2 2024, the lack of comparative data and additional segment details limits a more comprehensive analysis. The positive stock price movement post-earnings release reflects a positive market reception of the earnings report.