May 8, 2018 / 10:46 PM / 2 months ago

BRIEF-Prothena Reports Q1 Loss Per Share $1.26

May 8 (Reuters) - Prothena Corporation PLC:

* PROTHENA REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS AND PROVIDES RESEARCH AND DEVELOPMENT UPDATE

* Q1 REVENUE $200,000 VERSUS $300,000

* Q1 EARNINGS PER SHARE VIEW $-0.86 — THOMSON REUTERS I/B/E/S

* Q1 REVENUE VIEW $32.7 MILLION — THOMSON REUTERS I/B/E/S

* AS OF MARCH 31, 2018, CO HAD $433.1 MILLION IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH AND NO DEBT

* WITH RECENT DISCONTINUATION OF NEOD001 PROGRAM, COMPANY IS DEVELOPING A REORGANIZATION PLAN

* WITH RECENT DISCONTINUATION OF NEOD001 PROGRAM, COMPANY IS ASSESSING ITS RESOURCES RELATIVE TO ITS CURRENT PIPELINE

* EXPECTS TO PROVIDE AN UPDATE DURING Q2 ON REORGANIZATION PLANS AND FINANCIAL GUIDANCE FOR 2018 Source text for Eikon: Further company coverage:

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