NASDAQ$CELC

Celcuity Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Celcuity reported first quarter financial results and provided a corporate update.

Celcuity reported a net loss of $21.6 million, or $0.64 loss per share, for the first quarter of 2024. The company's operating expenses were $22.5 million, with R&D expenses at $20.7 million and G&A expenses at $1.8 million. As of March 31, 2024, Celcuity reported cash, cash equivalents and short-term investments of $177.7 million.

  • VIKTORIA-1 study remains on track.
  • The first patient was dosed in Phase 1b/2 trial in metastatic castration resistant prostate cancer.
  • Began foundational work to prepare for the potential commercial launch of gedatolisib.
  • Topline data from the PIK3CA wild type patient sub-group will be presented later this year.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.59

Previous: -$0.47-25.5%
Stock-based comp R&D

$832K

No prior period
Stock-based comp G&A

$499K

No prior period
Capital Expenditures

-$89.7K

Previous: $6.99K-1383.5%
Net Income

-$21.6M

Previous: -$11.9M-81.5%
Operating Income

-$22.5M

Previous: -$12.5M-80.0%
Gross Profit

-$29.6K

No prior period
R&D Expense

$20.6M

No prior period
Stock-Based Comp

$1.33M

Previous: $1.27M+4.6%

Revenue & EPS history

Celcuity · Revenue · Quarterly

$0

Q1 2024

Forward guidance

Celcuity expects cash, cash equivalents, investments and drawdown on our debt facility to fund current operational activities into the first half of 2026.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.9%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.8%

Avg return

30 days after

38%

13 / 34 earnings

Positive

+23.3%

Q4 2023

Best reaction

-13.5%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+5.5%-4.7%-32.5%
Q3 2025+1.1%+7.6%+23.6%
Q2 2025+0.1%-6.0%+5.8%
Q1 2025-2.6%-1.9%+11.5%
Q4 2024-8.1%-14.4%+6.8%
Q3 2024-13.5%-14.8%-14.5%
Q2 2024-6.2%+3.0%-10.9%
Q1 2024+4.6%-0.5%-11.0%
Q4 2023+23.3%+18.6%-9.1%
Q3 2023+11.3%+18.7%+37.4%
Q2 2023-1.0%-1.2%-8.7%
Q1 2023+2.2%+4.7%+9.5%
Q4 2022-5.0%+3.7%-3.2%
Q3 2022+3.0%-0.5%-6.7%
Q2 2022-1.0%-4.3%-14.2%
Q1 2022+2.8%+6.5%+57.6%
Q4 2021-2.8%+0.0%-16.8%
Q3 2021-5.9%-7.7%-26.6%
Q2 2021-1.3%+2.3%+5.1%
Q1 2021-4.5%-0.8%-0.8%
Q4 2020+1.1%+7.4%-3.9%
Q3 2020+0.5%+64.0%+93.3%
Q2 2020-0.2%-6.9%-11.3%
Q1 2020-2.4%-13.8%+90.3%
Q4 2019-4.8%-3.7%-23.5%
Q3 2019+1.4%+1.0%-23.1%
Q2 2019+0.7%-0.4%-14.9%
Q1 2019-2.5%+0.2%-6.8%
Q4 2018-4.7%-8.5%-12.8%
Q3 2018-7.2%-6.2%-17.8%
Q2 2018-1.1%+2.8%-15.0%
Q1 2018-4.0%-2.4%-2.2%
Q4 2017-2.4%-9.9%+18.6%
Q3 2017-5.6%-15.7%-13.2%
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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