ArQule Reports Fourth Quarter and Full Year 2018 Financial Results
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ArQule (ARQL) PT Raised to $8 at Oppenheimer
March 8, 2019 9:11 AM ESTOppenheimer analyst Hartaj Singh raised the price target on ArQule (NASDAQ: ARQL) to $8.00 (from $7.00) while maintaining a Outperform rating following the company's 4Q report. Results were in line with Oppenheimer's estimates and expectations. Singh has updated the model for 2019, with estimates in line with... More
Needham & Company Reiterates Bullish View on ArQule (ARQL) as Partial Response Seen in C481S Mutant Patient with ARQ-531
March 7, 2019 1:44 PM ESTNeedham & Company analyst Chad Messer reiterated a Buy rating and $7 price target on ArQule (NASDAQ: ARQL) after a partial response was observed in ibrutinib refractory C481S mutant patient with ARQ-531.
"ArQule reported that the first patient treated in the current 7th... More
ArQule (ARQL) Surges 40% Following Results, Update
March 7, 2019 9:27 AM ESTArQule (NASDAQ: ARQL) is gaining 40% in pre-open trade following results and update.
... MoreArQule (ARQL) Misses Q4 EPS by 1c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus, FY19 Revenue Guidance Below Consensus
March 7, 2019 7:03 AM ESTArQule (NASDAQ: ARQL) reported Q4 EPS of ($0.08), $0.01 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $2.94 million versus the consensus estimate of $1.82 million.
ARQ 531, our potent and reversible dual inhibitor of both wild-type and C481S-mutant BTK. Successfully progressed recruitment in our ongoing phase 1 dose escalation trial in 2018, enrolling over 20 patients at 7 dose cohorts ranging from 5mg to 65mg QD. Data from this trial was presented at 3 major conferences (AACR, EHA, ASH) in 2018 and demonstrated a good safety profile, profound target engagement and encouraging signs of dose-dependent clinical... More