ArQule (ARQL) Reports In-Line Q4 EPS; Offers FY18 EPS Guidance Below Consensus

Note: EPS may not be comparable

ArQule (NASDAQ: ARQL) reported Q4 EPS of ($0.09), in-line with the analyst estimate of ($0.09).

2018 Financial Guidance

For 2018, ArQule expects revenue to range between $3 and $4 million. Net use of cash is expected to range between $26 and $28 million for the year. Net loss is expected to range between $27 and $30 million, and net loss per share to range between $(0.30) and $(0.34) for the year. ArQule expects to end 2018 with between $23 and $25 million in cash and marketable securities.

GUIDANCE:

ArQule sees FY2018 EPS of ($0.34)-($0.30), versus the consensus of ($0.36).

For earnings history and earnings-related data on ArQule (ARQL) click here.

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