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Shares of PTC Therapeutics (NASDAQ:PTCT) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share increased 35.88% year over year to ($1.68), which beat the estimate of ($1.82).
Revenue of $116,676,000 rose by 55.07% year over year, which beat the estimate of $110,500,000.
Guidance
PTC Therapeutics hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
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Date: Jul 29, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/6jhc5w2q
Technicals
52-week high: $70.82
Company's 52-week low was at $37.12
Price action over last quarter: down 6.46%
Company Description
PTC Therapeutics Inc is a global biopharmaceutical company focused on the discovery, development, and commercialization of orally administered, small-molecule therapeutics. Its target area is RNA biology post-transcriptional control processes of the events occurring in a cell when a RNA messenger is copied from DNA during the transcription process. The discovered products address multiple therapeutic areas, including rare disorders, such as nonsense mutations in Duchenne muscular dystrophy and oncology.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.