AP NEWS

Proteon Therapeutics: 2Q Earnings Snapshot

August 7, 2018

WALTHAM, Mass. (AP) _ Proteon Therapeutics Inc. (PRTO) on Tuesday reported a loss of $4.9 million in its second quarter.

On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 28 cents.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.

The company’s shares closed at $2.25. A year ago, they were trading at $1.25.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRTO at https://www.zacks.com/ap/PRTO

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