** Drug developer Wave Life Sciences' WVE.O shares down 12.4% at $5.69
** WVE posts Q1 revenue of $9.18 million, missing analysts' estimates of $12.23 million - data compiled by LSEG
** Reports Q1 net loss of $46.9 million, compared with a loss of $31.6 million a year ago
** Co says it has cash and cash equivalents of $243.1 million as of March 31, with runway expected into 2027
** Including session's moves, stock down 52.8% YTD
(Reporting by Siddhi Mahatole)
((siddhi.mahatole@thomsonreuters.com))
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