ArQule (ARQL) Reports In-Line Q1 EPS

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Arqule Reports First Quarter 2017 Financial Results

May 3, 2017 7:00 AM EDT

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 first quarter of 2017.

For the quarter ended March 31, 2017, the Company reported a net loss of $7,576,000 or $0.11 per share, compared with net loss of $4,981,000 or $0.08 per share, for the quarter ended March 31, 2016.

At March 31, 2017, the Company had a total of approximately $37,540,000... More