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Arqule Inc Raises FY 2013 Guidance

Thursday, 7 Nov 2013 07:00am EST 

Arqule Inc announced that for fiscal 2013, it expects revenue to be in the range of $13 and $16 million. Net loss is expected to range between $26 and $29 million, and net loss per share is expected to range between $(0.42) and $(0.46). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $15.4 million, net income of $(29.8) million and EPS of $(0.48) for fiscal 2013. 

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