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Protagonist Therapeutics: Q1 Earnings Snapshot

Protagonist Therapeutics: Q1 Earnings Snapshot

By Ap News
Published - May 07, 2024, 04:28 PM ET
Last Updated - May 07, 2024, 04:28 PM EDT

NEWARK, Calif. (AP) — NEWARK, Calif. (AP) — Protagonist Therapeutics Inc. (PTGX) on Tuesday reported first-quarter net income of $207.3 million.

The Newark, California-based company said it had net income of $3.26 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.51 per share.

The biopharmaceutical company posted revenue of $255 million in the period.

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