05:13 AM EDT, 08/07/2024 (MT Newswires) -- Zai Lab ( ZLAB ) posted a Q2 loss late Tuesday of $0.08 per diluted share, narrower from a loss of $0.13 a year earlier.

A single analyst surveyed by Capital IQ expected a loss of $0.08.

Revenue for the quarter ended June 30 was $100.5 million, compared with $68.9 million a year earlier.

Four analysts polled by Capital IQ expected $93.2 million.

As of June 30, the company had $730 million in cash, cash equivalents, short-term investments and current restricted cash.

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