ArQule Reports Second Quarter 2016 Financial Results

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ArQule (ARQL) Tops Q2 EPS by 1c

August 3, 2016 7:49 AM EDT

ArQule (NASDAQ: ARQL) reported Q2 EPS of ($0.07), $0.01 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $1.07 million versus the consensus estimate of $1.13 million.

At June 30, 2016, the Company had a total of approximately $43,115,000 in cash, equivalents and marketable... More