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Update: PTC Therapeutics Shares Rise After Q1 Results Beat Consensus

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-- (Updates with recent stock movement in headline and first paragraph.)

PTC Therapeutics (PTCT) shares rose 17% in afternoon trading on Friday after posting a lower-than-expected net loss for Q1, as well as total revenue that surpassed analysts' consensus.

The company reported late Thursday a Q1 net loss of $0.03 per diluted share, swinging from earnings of $10.04 a year earlier.

Analysts polled by FactSet expected a loss of $0.47.

Total revenue for the three months ended March 31 fell to $272.6 million from $1.18 billion a year earlier.

Analysts surveyed by FactSet expected $218.8 million.

For 2026, the company expects total revenue of $1.08 billion to $1.18 billion. Analysts expect $982.9 million.

Price: $75.91, Change: $+11.42, Percent Change: +17.70%

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