Click to copy
Click to copy

PTC Therapeutics: 2Q Earnings Snapshot

August 6, 2019

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.


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

All contents © copyright 2019 The Associated Press. All rights reserved.