04:58 PM EDT, 08/12/2024 (MT Newswires) -- Erasca ( ERAS ) reported a Q2 loss late Monday of $0.29 per diluted share, wider than a loss of $0.21 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.19.

As expected, no revenue for the quarter ended June 30 was reported.

As of June 30, the company said it had cash, cash equivalents, and marketable securities of $460.2 million, and expected it could fund operations into H1 of 2027.

Shares of the company were 1.5% lower in after-hours activity.

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