Arqule, Inc. (ARQL) Posts Q3 Loss of $0.04, Tops Consensus by $0.18, Offers New Strong FY11 Guidance

November 10, 2011 7:09 AM EST
Arqule, Inc. (NASDAQ: ARQL) reported Q3 EPS of ($0.04), $0.18 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $11.95 million versus the consensus estimate of $5.72 million.

Arqule, Inc. sees FY2011 EPS of $-0.41-$-0.33, versus the consensus of $-0.70. Arqule, Inc. sees FY2011 revenue of $38-$42 million, versus the consensus of $30.55 million.


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