ArQule, Inc. Reports First Quarter 2016 Financial Results
BURLINGTON, Mass., May 04, 2016 (GLOBE NEWSWIRE) -- ArQule, Inc. (Nasdaq:ARQL) today announced its financial results for the first quarter of 2016.
For the quarter ended March 31, 2016, the Company reported a net loss of $4,981,000 or $0.08 per share, compared with a net loss of $4,551,000 or $0.07 per share, for the quarter ended March 31, 2015.
At March 31, 2016, the Company had a total of approximately $47,642,000 in cash, equivalents and marketable securities.
For the quarter ended March 31, 2016, the Company reported a net loss of $4,981,000 or $0.08 per share, compared with a net loss of $4,551,000 or $0.07 per share, for the quarter ended March 31, 2015.
At March 31, 2016, the Company had a total of approximately $47,642,000 in cash, equivalents and marketable securities.