ArQule (ARQL) Reports In-Line Q4 EPS

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ArQule Reports Fourth Quarter and Full Year 2016 Financial Results

March 7, 2017 7:00 AM EST

Conference call scheduled today at 9:00 a.m. ET

BURLINGTON, Mass.--(BUSINESS WIRE)-- ArQule, Inc. (NASDAQ: ARQL) today announced its financial results for the fourth quarter and full year of 2016.

For the quarter ended December 31, 2016, the Company reported a net loss of $6,820,000 or $0.10 per share, compared with net loss of $2,852,000 or $0.05 per share, for the quarter ended December 31, 2015. The Company reported a net loss of $22,718,000 or $0.33 per share, for the year ended December 31, 2016, compared with a net loss of $13,774,000 or $0.22 per share, for the year ended December 31, 2015.

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