Vera Therapeutics (VERA) shares were down 4.4% in early Tuesday trading after the company reported a Q1 net loss of $0.81 per share, widening from a loss of $0.56 a year earlier.
Analysts polled by FactSet expected a loss of $0.75.
The clinical-stage biopharmaceutical company did not report any revenue for the quarter.
The company reported cash and cash equivalents of $589.8 million as of March 31.
Price: 24.41, Change: -1.12, Percent Change: -4.39
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