Prothena (PRTA) Reports Q3 Loss, Misses Revenue Estimates

Prothena (PRTA) reported a quarterly loss of $0.32 per share, beating consensus estimates of $0.38 loss, representing a 15.79% earnings surprise. However, the company missed revenue expectations significantly, posting $0.62 million versus the consensus estimate, down from $2.41 million year-over-year. The stock has underperformed the market by 24.5% year-to-date and carries a Zacks Rank #3 (Hold) rating.