NASDAQ$AGEN
Agenus Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Agenus reported a net loss despite revenue generation, with a significant reduction in operational costs and strategic initiatives to bolster its financial position.
Agenus reported Q4 2024 revenue of $26.8 million but incurred a net loss of $46.8 million. The company continued its cost-cutting strategy, reducing its operational burn rate and monetizing non-core assets. Significant progress was made in its BOT/BAL program, with external clinical trials validating its potential. The company also ended the year with $40.4 million in cash and cash equivalents.
- Agenus generated $26.8 million in revenue for Q4 2024.
- The company reported a net loss of $46.8 million, or $2.04 per share.
- Significant cost-cutting measures reduced the operational burn rate.
- BOT/BAL program demonstrated strong clinical validation in multiple oncology trials.
Headline financials
Revenue & EPS history
Agenus · Revenue · Quarterly
$26.8M
Forward guidance
Agenus plans to further reduce costs while advancing its BOT/BAL program, with expectations to lower its operational burn to $50 million annually by mid-2025.
Tailwinds
- Projected reduction in operational burn rate to $50 million annually by mid-2025.
- Monetization of non-core assets expected to strengthen financial position.
- Strong clinical validation of BOT/BAL program.
- Continued discussions for potential partnerships and external funding.
- Ongoing investigator-sponsored trials providing cost efficiencies.
Headwinds
- Net losses continue despite revenue generation.
- Declining cash reserves compared to the previous year.
- Heavy reliance on external funding and strategic partnerships for BOT/BAL program.
- Cost-cutting measures may impact future operational capabilities.
- Uncertain market conditions affecting biotech sector valuations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2024
+0.7%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+6.1%
Avg return
30 days after
49%
31 / 63 earnings
Positive
+39.9%
Q4 2011
Best reaction
-22.3%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -14.9% | -6.3% | — | |
| Q4 2025 | +5.8% | +19.7% | +55.8% | |
| Q3 2025 | +6.3% | +9.0% | +2.8% | |
| Q1 2025 | +20.3% | +19.6% | +77.3% | |
| Q4 2024 | -4.7% | -13.5% | -24.7% | |
| Q3 2024 | -22.3% | -30.3% | -21.0% | |
| Q2 2024 | +0.2% | -7.3% | -2.6% | |
| Q1 2024 | -11.4% | -19.0% | +27.9% | |
| Q4 2023 | -18.0% | -15.2% | -38.3% | |
| Q3 2023 | +7.5% | -16.7% | +3.8% | |
| Q2 2023 | -5.9% | -0.7% | -7.4% | |
| Q1 2023 | -3.1% | -10.7% | +28.3% | |
| Q4 2022 | +10.5% | -0.6% | -12.3% | |
| Q3 2022 | -15.5% | +5.0% | +5.0% | |
| Q2 2022 | +2.3% | +13.8% | +0.4% | |
| Q1 2022 | -0.7% | +7.2% | +7.9% | |
| Q4 2021 | +13.7% | +7.8% | -8.9% | |
| Q3 2021 | +3.6% | -7.2% | -23.2% | |
| Q2 2021 | -0.4% | +9.2% | +13.0% | |
| Q1 2021 | +4.2% | +5.1% | +36.6% | |
| Q4 2020 | -3.0% | -6.3% | -18.7% | |
| Q3 2020 | +0.0% | +4.9% | +0.5% | |
| Q2 2020 | +12.3% | +5.7% | +17.4% | |
| Q1 2020 | -4.2% | -3.0% | +45.8% | |
| Q4 2019 | -7.4% | -20.6% | -8.1% | |
| Q3 2019 | +13.3% | +25.3% | +38.2% | |
| Q2 2019 | +17.8% | +24.7% | +41.6% | |
| Q1 2019 | +7.5% | +10.2% | +1.5% | |
| Q4 2018 | -3.0% | +1.0% | -12.2% | |
| Q3 2018 | +10.1% | +5.9% | +25.0% | |
| Q2 2018 | +4.6% | +3.5% | +16.8% | |
| Q1 2018 | -14.1% | -3.3% | -14.4% | |
| Q4 2017 | +2.1% | -1.6% | -18.7% | |
| Q3 2017 | -4.4% | +1.6% | -1.4% | |
| Q2 2017 | -2.4% | -6.6% | -9.7% | |
| Q1 2017 | +10.5% | +10.5% | +2.3% | |
| Q4 2016 | +3.9% | +0.3% | -14.9% | |
| Q3 2016 | -21.8% | -26.0% | -7.1% | |
| Q2 2016 | +12.6% | +12.6% | +26.2% | |
| Q1 2016 | -16.2% | — | — | |
| Q4 2015 | +19.6% | — | — | |
| Q3 2015 | -5.4% | — | — | |
| Q2 2015 | -7.4% | — | — | |
| Q1 2015 | +17.1% | — | — | |
| Q3 2014 | -2.9% | — | — | |
| Q2 2014 | +6.2% | — | — | |
| Q1 2014 | -5.2% | — | — | |
| Q4 2013 | +0.4% | — | — | |
| Q3 2013 | +2.8% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +4.6% | — | — | |
| Q3 2012 | -7.2% | — | — | |
| Q2 2012 | -4.2% | — | — | |
| Q1 2011 | -3.9% | — | — | |
| Q1 2012 | +6.7% | — | — | |
| Q4 2011 | +39.9% | — | — | |
| Q3 2011 | -3.7% | — | — | |
| Q2 2011 | -16.2% | — | — | |
| Q4 2010 | -4.0% | — | — | |
| Q3 2010 | -5.2% | — | — | |
| Q2 2010 | -1.2% | — | — | |
| Q1 2010 | +14.6% | — | — |
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