AP NEWS

Proteon Therapeutics: 3Q Earnings Snapshot

November 7, 2018

WALTHAM, Mass. (AP) _ Proteon Therapeutics Inc. (PRTO) on Wednesday reported a loss of $4.5 million in its third quarter.

On a per-share basis, the Waltham, Massachusetts-based company said it had a loss of 25 cents.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.

The company’s shares closed at $1.74. A year ago, they were trading at $2.

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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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