NASDAQ$CELC

Celcuity Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported third quarter financial results and provided a corporate update.

Celcuity reported a net loss of $29.8 million, or $0.70 loss per share, for the third quarter of 2024, compared to a net loss of $18.4 million, or $0.83 loss per share, for the third quarter of 2023. Total operating expenses were $30.1 million, compared to $18.9 million for the third quarter of 2023.

  • Enrollment in the VIKTORIA-1 study remains robust and on-track.
  • The PIK3CA wild-type cohort is 100% enrolled, and enrollment in the PIK3CA mutant cohort is on plan.
  • Topline data for the PIK3CA wild-type cohort is expected in late Q1 2025 or during Q2 2025.
  • Topline data for the PIK3CA mutant cohort is expected in the second half of 2025.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.65

Previous: -$0.78+16.7%
Stock-based comp R&D

$1.19M

No prior period
Stock-based comp G&A

$741K

No prior period
Capital Expenditures

-$50.8K

Previous: -$53.1K+4.4%
Net Income

-$29.8M

Previous: -$18.4M-62.0%
Operating Income

-$30.1M

Previous: -$18.9M-59.3%
Gross Profit

-$34K

Previous: -$33.6K-1.4%
R&D Expense

$27.6M

Previous: $17.5M+57.7%
Stock-Based Comp

$1.93M

Previous: $1.11M+74.2%

Revenue & EPS history

Celcuity · Revenue · Quarterly

$0

Q3 2024

Forward guidance

Celcuity expects to report topline data for the PIK3CA wild-type cohort sometime in late Q1 2025 or during Q2 2025 and to report topline data for the PIK3CA mutant cohort in the second half of 2025.

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 Q3 2024

Historical avgQ3 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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