Scholar Rock's Q1 Net Loss Widens

MT Newswires Live
05-14

Scholar Rock (SRRK) reported a Q1 net loss Thursday of $0.67 per diluted share, compared with a loss of $0.59 a year earlier.

Analysts surveyed by FactSet expected a loss of $0.66.

As expected, the company did not report any revenue for the quarter ended March 31.

As of March 31, the company said it had about $364.4 million in cash, cash equivalents and marketable securities. It said it expects to fund operating and capital expenditure requirements into 2027.

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