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Rezolute Fiscal Q4 Net Loss Widens; Shares Rise After-Hours
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Rezolute Fiscal Q4 Net Loss Widens; Shares Rise After-Hours
Sep 27, 2024 6:21 PM

05:09 PM EDT, 09/19/2024 (MT Newswires) -- Rezolute ( RZLT ) reported fiscal Q4 net loss late Thursday of $0.44 per diluted share, widening from a loss of $0.25 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.32.

The late-stage drugmaker said its cash, cash equivalents and investments in marketable securities as of June 30 were $127.1 million, up from $118.4 million a year earlier.

Shares of the company were up about 5% in after-hours activity.

Price: 5.0600, Change: +0.24, Percent Change: +4.98

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