NASDAQ$AQST
Aquestive Therapeutics Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported financial results for the fourth quarter and full year ended December 31, 2023, and provided a progress update on the key 2024 objectives.
Aquestive Therapeutics reported a strong finish to 2023 with double-digit base revenue growth and an improved balance sheet. The company is focused on progressing Anaphylm to a US filing, expanding its revenue base, and advancing its pipeline assets.
- Total revenues were $13.2 million in the fourth quarter 2023, compared to $10.7 million in the fourth quarter 2022, an increase of 24%.
- Manufacture and supply revenue increased by 23%, or $2.1 million.
- Aquestive’s net loss for the fourth quarter 2023 was $8.1 million, or $0.12 loss per share.
- Non-GAAP adjusted EBITDA loss was $2.8 million in the fourth quarter 2023, compared to a $9.6 million loss in the fourth quarter 2022.
Headline financials
Revenue & EPS history
Aquestive · Revenue · Quarterly
$13.2M
Forward guidance
Aquestive is providing its full year 2024 financial outlook. The Company expects: GuidanceTotal revenue (in millions)$48 to $51Non-GAAP adjusted EBITDA loss (in millions)$22 to $26
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 2023
-0.4%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+8.5%
Avg return
30 days after
45%
14 / 31 earnings
Positive
+22.8%
Q3 2019
Best reaction
-44.2%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | -1.0% | +0.0% | |
| Q4 2025 | -2.5% | -3.9% | -5.5% | |
| Q3 2025 | +2.0% | -5.2% | +6.3% | |
| Q1 2025 | -19.4% | -16.5% | +16.1% | |
| Q4 2024 | -7.5% | -5.4% | -2.9% | |
| Q3 2024 | -13.8% | -1.1% | -21.9% | |
| Q2 2024 | +4.3% | +4.3% | +28.6% | |
| Q1 2024 | -11.7% | -11.7% | -19.7% | |
| Q4 2023 | +20.3% | +16.7% | -0.5% | |
| Q3 2023 | +6.9% | +5.0% | +28.7% | |
| Q2 2023 | -7.2% | -7.2% | -24.4% | |
| Q1 2023 | +20.9% | +46.8% | +66.2% | |
| Q4 2022 | +5.6% | -1.4% | +45.3% | |
| Q3 2022 | -3.4% | +0.6% | +7.5% | |
| Q2 2022 | -2.2% | +2.7% | +50.5% | |
| Q1 2022 | +0.7% | -14.2% | -32.6% | |
| Q4 2021 | -4.8% | -12.6% | -18.0% | |
| Q3 2021 | +12.6% | +10.7% | +2.7% | |
| Q2 2021 | +11.2% | +12.1% | +39.6% | |
| Q1 2021 | -3.3% | -14.1% | -6.8% | |
| Q4 2020 | +11.5% | +24.6% | +11.5% | |
| Q3 2020 | +3.6% | +4.9% | +29.6% | |
| Q2 2020 | +4.0% | +10.5% | +26.5% | |
| Q1 2020 | -4.0% | +14.4% | +14.2% | |
| Q4 2019 | -44.2% | -55.2% | -16.0% | |
| Q3 2019 | +22.8% | +26.8% | +95.8% | |
| Q2 2019 | +12.5% | +22.7% | +14.1% | |
| Q1 2019 | -11.4% | -14.9% | -29.9% | |
| Q4 2018 | -14.4% | -8.3% | -18.7% | |
| Q3 2018 | -1.1% | -7.8% | -15.1% | |
| Q2 2018 | -0.3% | +5.3% | -7.7% | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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