Progenics Pharmaceuticals (PGNX) up 1% as Q1 net loss meets Street expectations and revenue falls short.
PGNX reported a net loss of $9.3 million, down from $11.3 million a year prior. Net loss per share was $0.15, down from $0.22 per share a year prior.
Total revenue was $1.8 million, down from $2.2 million a year prior.
The Street expected a loss of $0.15 per share on revenue of $3.4 million, according to Capital IQ estimates.
PGNX trades in a 52-week range of $3.20 to $7.45.
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