ArQule (ARQL) Misses Q1 EPS by 1c
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ArQule Reports First Quarter 2016 Financial Results
May 4, 2016 7:00 AM EDTConference call scheduled today at 9:00 a.m. ET
BURLINGTON, Mass., May 04, 2016 (GLOBE NEWSWIRE) -- ArQule, Inc. (Nasdaq: ARQL) today announced its financial results for the first quarter of 2016.Â
For the quarter ended March 31, 2016, the Company reported a net loss of $4,981,000 or $0.08 per share, compared with a net loss of $4,551,000 or $0.07 per share, for the quarter ended March 31, 2015.
At March 31, 2016, the Company had a total of approximately $47,642,000 in cash, equivalents and marketable securities.Â
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