Arqule (ARQL) Tops Q2 EPS by 2c

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ArQule Reports Second Quarter 2015 Financial Results

August 5, 2015 7:00 AM EDT

BURLINGTON, Mass., Aug. 05, 2015 (GLOBE NEWSWIRE) -- ArQule, Inc. (Nasdaq: ARQL) today announced its financial results for the second quarter of 2015. 

For the quarter ended June 30, 2015, the Company reported a net loss of $4,017,000 or $0.06 per share, compared to a net loss of $6,339,000 or $0.10 per share, for the second quarter of 2014. For the six-month period ended June 30, 2015, the Company reported a net loss of $8,568,000 or $0.14 per share, compared to a net loss of $13,480,000 or $0.22 per share for the six-month period ended June 30, 2014.

At June 30, 2015, the Company had a total of $48,001,000 in... More