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Oncternal Therapeutics: Q2 Earnings Snapshot

Oncternal Therapeutics: Q2 Earnings Snapshot

By AP News
Published - Aug 08, 2024, 05:01 PM ET
Last Updated - Aug 08, 2024, 05:01 PM EDT

SAN DIEGO (AP) — SAN DIEGO (AP) — Oncternal Therapeutics, Inc. (ONCT) on Thursday reported a loss of $8.6 million in its second quarter.

On a per-share basis, the San Diego-based company said it had a loss of $2.89.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $3.03 per share.

The biopharmaceutical company posted revenue of $801,000 in the period.

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