Categories Earnings, Health Care

Viking Therapeutics (VKTX): Q3 2019 Earnings Snapshot

— Viking Therapeutics Inc. (NASDAQ: VKTX) reported Q3 2019 loss of $0.08 per share, vs. a loss of $0.13 expected.

— Net loss amounted to $5.7 million compared to $6.6 million last year.

— R&D expenses were $5.3 million compared to $5.7 million in the year-ago quarter.

— General and administrative expenses were $2.2 million compared to $1.7 million last year.

— At quarter-end, the company had cash, cash equivalents and short-term investments of $288.1 million.

— VKTX shares gained 0.15% following the announcement.

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