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Monday, March 2, 2020

PTC Therapeutics down 5% after hours as product sales growth remains modest

PTC Therapeutics (NASDAQ:PTCT) Q4 results:
Revenues: $96.5M (+11.8%); Translarna sales: $48.4M (-13.6%); Emflaza sales: $32.7M (+9.7%).
Net loss: ($77.7M); loss/share: ($1.37).
2020 guidance: DMD franchise revenue: $320M – 340M.
Shares down 5% after hours.
https://seekingalpha.com/news/3547733-ptc-therapeutics-down-5-after-hours-product-sales-growth-remains-modest

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