AP NEWS

PTC Therapeutics: 3Q Earnings Snapshot

November 6, 2018

SOUTH PLAINFIELD, N.J. (AP) _ PTC Therapeutics Inc. (PTCT) on Monday reported a loss of $51 million in its third quarter.

On a per-share basis, the South Plainfield, New Jersey-based company said it had a loss of $1.06. Losses, adjusted for asset impairment costs, came to 94 cents per share.

The biopharmaceutical company posted revenue of $53.6 million in the period.

PTC Therapeutics shares have more than doubled since the beginning of the year. The stock has more than doubled in the last 12 months.

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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 PTCT at https://www.zacks.com/ap/PTCT

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