Scholar Rock (SRRK) reported a Q2 net loss Thursday of $0.84 per diluted share, compared with a loss of $0.98 a year earlier.
Analysts polled by FactSet expected a loss of $0.84.
As expected, the company reported no revenue for the quarter ended June 30.
Cash, cash equivalents, and marketable securities as of June 30 totaled $492.1 million.
Shares of the company were up over 6% in Thursday premarket activity.
Price: $50.93, Change: $+3.06, Percent Change: +6.40%