PTC Therapeutics: 2Q Earnings Snapshot
SOUTH PLAINFIELD, N.J. (AP) _ PTC Therapeutics Inc. (PTCT) on Tuesday reported a loss of $41.8 million in its second quarter.
The South Plainfield, New Jersey-based company said it had a loss of 75 cents per share. Losses, adjusted for non-recurring costs, came to 66 cents per share.
The biopharmaceutical company posted revenue of $85.5 million in the period.
PTC Therapeutics shares have increased 30% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $44.75, an increase of 18% in the last 12 months.