09:19 AM EDT, 08/07/2025 (MT Newswires) -- Nuvalent ( NUVL ) reported Q2 net loss Thursday of $1.39 per diluted share, widening from a loss of $0.88 a year earlier.

Analysts polled by FactSet expected a loss of $1.22.

No revenue was reported for the quarter ended June 30.

The company said its cash, cash equivalents and marketable securities of $1.0 billion as of June 30 will be sufficient to fund operations into 2028.

Shares of Nuvalent ( NUVL ) were down more than 1% in recent premarket activity Thursday.