NASDAQ$BTAI

Bioxcel Therapeutics Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported positive results from SERENITY trials, strengthened balance sheet, and advanced clinical programs.

BioXcel Therapeutics reported positive results from its SERENITY trials for BXCL501, plans to submit an NDA to the FDA in Q1 2021, and strengthened its balance sheet through a follow-on offering. The company is also advancing its TRANQUILITY and RELEASE trials and exploring alternative indications for BXCL501. Additionally, the immuno-oncology program is progressing with the Phase 2 efficacy trial of BXCL701 and KEYTRUDA®.

  • SERENITY I & II Phase 3 trials of BXCL501 achieved all primary and secondary endpoints; NDA submission to FDA planned for Q1 2021.
  • Initiating the third dose cohort, 90 mcg, of the TRANQUILITY trial in elderly dementia patients.
  • Initiated a separate efficacy cohort in the Phase 2 trial of BXCL701 in combination with pembrolizumab to include patients with castrate-resistant prostate cancer.
  • Strengthened balance sheet through follow-on offering raising approximately $200 million in gross proceeds.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$1.06

Previous: -$0.54-96.3%
Net Income

-$21.4M

No prior period
Operating Income

-$21.4M

No prior period
Cash & Equivalents

$65.5M

No prior period

Revenue & EPS history

Bioxcel Therapeutics · Revenue · Quarterly

$0

Q2 2020
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Revenue by segment

Bioxcel Therapeutics · $206K total across 1 segment · Q1 2026

  • IGALMI
    $206K

Forward guidance

The company is focused on submitting an NDA for BXCL501 to the FDA in the first quarter of 2021 and advancing its clinical programs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

-3.1%

Avg return

Earnings day

-5.5%

Avg return

5 days after

-9.4%

Avg return

30 days after

30%

10 / 33 earnings

Positive

+38.7%

Q3 2022

Best reaction

-44.1%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-5.6%-8.7%
Q1 2026-5.8%-9.9%-5.0%
Q3 2025-16.0%-9.4%-0.5%
Q2 2025+6.5%-14.4%-47.0%
Q1 2025+0.0%-4.8%+6.8%
Q4 2024+6.0%-11.9%-14.2%
Q3 2024-8.2%-2.6%-33.4%
Q2 2024-1.0%-20.5%-35.9%
Q1 2024-1.4%+0.5%-33.3%
Q4 2023-1.0%-7.6%-3.8%
Q3 2023-20.1%-25.0%-41.2%
Q2 2023-44.1%-41.5%-54.3%
Q1 2023+17.7%+18.6%-9.6%
Q4 2022-27.2%-28.3%-39.1%
Q3 2022+38.7%+41.1%+49.2%
Q2 2022-9.7%-5.9%-9.4%
Q1 2022-10.6%-6.5%-6.7%
Q4 2021-8.3%-20.3%-9.4%
Q3 2021-2.4%-19.7%-35.5%
Q2 2021+2.2%-1.6%+19.3%
Q1 2021+8.1%+3.1%+27.2%
Q4 2020+3.8%+2.0%-20.7%
Q3 2020-4.1%-8.6%-23.8%
Q2 2020-4.7%-6.3%+0.5%
Q1 2020+0.1%+9.6%+6.7%
Q4 2019-3.9%-39.8%-35.5%
Q3 2019+12.4%+40.6%+48.3%
Q2 2019-15.1%-7.5%+2.6%
Q1 2019+12.8%+9.4%+5.3%
Q4 2018-6.6%+12.3%+23.1%
Q3 2018-7.9%-12.6%-21.8%
Q2 2018-1.8%-9.6%-8.5%
Q1 2018-4.9%+3.6%-1.9%

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