ARS Pharmaceuticals' Q1 Net Loss Widens, Revenue Tops Estimates

MT Newswires Live
14 May

ARS Pharmaceuticals (SPRY) reported a Q1 net loss Wednesday of $0.35 per diluted share, wider than a loss of $0.11 a year earlier.

Analysts polled by FactSet expected a loss of $0.32.

Revenue for the quarter ended March 31 was $8 million.

Analysts surveyed by FactSet expected $7.5 million.

As of March 31, the company said it had $275.7 million in cash and cash equivalents on hand, and expected it could fund operations through the next three years.

ARS' shares were 1.1% higher in premarket trading.

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