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IDEAYA Biosciences Shares Fall After Q1 Loss
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IDEAYA Biosciences Shares Fall After Q1 Loss
May 7, 2024 7:41 AM

10:23 AM EDT, 05/07/2024 (MT Newswires) -- IDEAYA Biosciences ( IDYA ) shares fell 2.1% in recent Tuesday trading after the company reported a Q1 net loss of $0.53 a share,

Analysts polled by Capital IQ expected a loss of $0.52.

The company had no revenue in the three months ended March 31. Analysts surveyed by Capital IQ expected $4.9 million.

IDEAYA said Tuesday it had cash, cash equivalents and marketable securities of $941.4 million as of March 31.

Price: 42.18, Change: -0.91, Percent Change: -2.11

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