earnings
confidence high
sentiment positive
materiality 0.60
Protalix BioTherapeutics Q1 revenue up 170% to $10.0M, net loss narrows to $3.6M
Protalix BioTherapeutics, Inc.
2025-Q1 EPS reported
-$0.05
revenue$10,113,000
- Revenues from selling goods $10.0M, up 170% YoY, driven by $5.9M increase in sales to Pfizer.
- Net loss $3.6M ($0.05/sh) vs $4.6M ($0.06/sh) in Q1 2024; cash $34.7M.
- Phase II trial of gout candidate PRX-115 expected to start H2 2025 after positive FIH results.
- R&D expenses $3.5M (+21% YoY) due to clinical pipeline advancement; SG&A down 16% to $2.6M.