PRTA
Prothena Corporation plc9.75
-0.22-2.21%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A reaffirms, boosts BD color
Q&A largely reaffirmed prepared remarks on 2026 milestones up to $105M and Phase III readouts in 2029, while adding color on business development momentum. Management noted active partner dialogues for PRX012-TfR, touting its once-monthly subQ profile for presymptomatic Alzheimer's and potential ARIA reductions via capillary targeting. CYTOPE platform sparked broad interest beyond neuroscience, with research collaborations already validating the tech. Analysts pressed on partnership data thresholds; team emphasized robust preclinical de-risking. BD talks heat up fast.
Key Stats
Market Cap
524.84MP/E (TTM)
-Basic EPS (TTM)
-5.20Dividend Yield
0%Recent Filings
8-K
Prothena launches $100M buyback
Prothena announced a $100.0 million share repurchase plan on February 27, 2026, authorizing buybacks of its ordinary shares through December 31, 2026, via open market or Rule 10b5-1 plans. Sitting on $308.4 million in cash and equivalents with no debt as of December 31, 2025, it projects ~$255 million year-end cash excluding repurchases. Plan's flexible; no obligation to buy.
10-K
FY2025 results
Prothena reported FY2025 results ended December 31, 2025, as a late-stage biotech advancing partnered pipeline programs in neurodegeneration, but specific revenue, profitability, or quarterly financial metrics not disclosed in the 10-K. Q4 momentum shone with Roche launching the Phase 3 PARAISO trial for prasinezumab in early Parkinson's, building on December 2024 Phase 2b PADOVA topline showing HR=0.84 on motor progression (HR=0.79 in levodopa subgroup). No capex, cash flow, debt, or capital allocation details provided. Roche, Novo Nordisk, and BMS collaborations drive all active clinical programs. Clinical trials could prolong, delay, or terminate.
8-K
Q4 2025 results, 2026 guidance
Prothena posted a $244.1M net loss for 2025, down from $122.3M in 2024, driven by $30.1M restructuring charges and lower revenue after Bristol Myers Squibb's PRX019 upfront. Cash stands at $308.4M; guides $50-55M 2026 burn, ending near $255M, excluding up to $105M partner milestones. Partners advanced Phase 3 trials. Cash lasts years.
8-K
Director Cobb resigns end-2025
Prothena's board director Paula Cobb announced her resignation effective December 31, 2025, after notifying the company on December 10. She'll serve through year-end on the Board, Compensation Committee, and Audit Committee. No disagreements with operations, policies, or practices. Smooth transition, no drama.
8-K
Shareholders approve capital reduction
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