PTC Therapeutics Provides a Corporate Update and Reports First Quarter Financial Results

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Go back to PTC Therapeutics Provides a Corporate Update and Reports First Quarter Financial Results

PTC Therapeutics (PTCT) Misses Q1 EPS by 40c, Beats on Revenue

April 27, 2023 4:07 PM EDT

PTC Therapeutics (NASDAQ: PTCT) reported Q1 EPS of ($1.88), $0.40 worse than the analyst estimate of ($1.48). Revenue for the quarter came in at $220.4 million versus the consensus estimate of $205.47 million.

GUIDANCE:

PTC Therapeutics sees FY2023 revenue of $0.94-1 billion vs $0.87 billion... More