Q2 FY2026 EarningsQ2 FY26 results significantly exceeded consensus expectations on the top line, reporting revenue of $1.01M vs. $0.42M expected. Despite a net loss, EPS (GAAP) of -$0.36 beat the -$0.39 consensus, driven by aggressive cost reductions in R&D (down 78% YoY) and G&A (down 31% YoY). Management narrowed the FY26 cash guidance to $259M to account for $12M in recent share repurchases, while maintaining a strong balance sheet with $289.1M in cash and no debt.
Overview: Prothena(PRTA) the Revenue is 1.01 M (-77.15%), Beat estimate;the EBIT is -21.1 M (+75.06%), Beat estimate;the EPS is -0.36 (+84.62%), Beat estimate.