ArQule, Inc. Reports Second Quarter 2013 Financial Results

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ArQule, Inc. (NASDAQ: ARQL) today announced its financial results for the second quarter of 2013.

For the quarter ended June 30, 2013, the Company reported a net loss of $6,786,000 or $0.11 per share, compared with a net loss of $885,000 or $0.01 per share for the second quarter of 2012. For the six-month period ended June 30, 2013, the Company reported a net loss of $12,561,000 or $0.20 per share, compared with a net loss of $5,145,000 or $0.09 per share, for the six-month period ended June 30, 2012.

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