Erasca (ERAS) reported a Q2 loss of late Tuesday of $0.12 per diluted share, narrowing from a loss of $0.29 a year earlier.
Two analysts polled by FactSet expected $0.12.
As of June 30, the company had cash, cash equivalents, and securities of $386.7 million, expected to fund operations into H2 2028.
Shares were down 4.5% during after-hours trading.
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