Verastem Q1 Adjusted Loss Narrows, Revenue Plummets
04:21 PM EDT, 05/11/2021 (MT Newswires) -- Verastem (VSTM) reported Tuesday a Q1 adjusted loss of $0.07 per share, compared with a loss of $0.20 per share a year earlier.
Revenue slumped year over year to $1 million from $5.1 million.
The company had cash, cash equivalents, and investments of $127.1 million as of March 31, compared with $147.2 million on Dec. 31, 2020.
Price: 2.9900, Change: +0.01, Percent Change: +0.34