ArQule Reports First Quarter 2019 Financial Results

Go back to ArQule Reports First Quarter 2019 Financial Results

ArQule (ARQL) PT Raised to $9 at Needham & Company

May 1, 2019 11:28 AM EDT

Needham & Company analyst Chad Messer raised the price target on ArQule (NASDAQ: ARQL) to $9.00 (from $7.00) while maintaining a Buy rating.

The analyst commented, :ArQule is currently enrolling a 75 mg dose cohort (cohort 8) in the Phase I study of ARQ531. A... More

ArQule (ARQL) Misses Q1 EPS by 1c, Revenues Miss; Affirms 2Q EPS/Revenue Outlook

May 1, 2019 7:25 AM EDT

ArQule (NASDAQ: ARQL) reported Q1 EPS of ($0.09), $0.01 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $1.35 million versus the consensus estimate of $2.1 million.

Paolo Pucci, Chief Executive Officer of ArQule, commented, We have made tremendous progress across our... More