NASDAQ$CELC

Celcuity Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2023.

Celcuity reported a net loss of $18.8 million for the fourth quarter of 2023, compared to a net loss of $11.6 million for the fourth quarter of 2022. The company's operating expenses were $19.7 million for the fourth quarter of 2023, compared to $11.6 million for the fourth quarter of 2022. At December 31, 2023, Celcuity reported cash, cash equivalents and short-term investments of $180.6 million.

  • Total operating expenses were $19.7 million for the fourth quarter of 2023, compared to $11.6 million for the fourth quarter of 2022.
  • Research and development (R&D) expenses were $18.1 million for the fourth quarter of 2023, compared to $10.6 million for the prior-year period.
  • Net loss for the fourth quarter of 2023 was $18.8 million, or $0.65 loss per share, compared to a net loss of $11.6 million, or $0.69 loss per share, for the fourth quarter of 2022.
  • At December 31, 2023, Celcuity reported cash, cash equivalents and short-term investments of $180.6 million.

Headline financials

Total Revenue

$230K

No prior period
EPS (adj)

-$0.61

Previous: -$0.60-1.7%
Capital Expenditures

-$32.7K

Previous: $112K-129.2%
Net Income

-$18.8M

Previous: -$11.6M-62.1%
Operating Income

-$19.7M

Previous: -$11.6M-69.8%
Gross Profit

$202K

No prior period
R&D Expense

$18.1M

No prior period
Stock-Based Comp

$1.24M

Previous: $1.14M+9.0%

Revenue & EPS history

Celcuity · Revenue · Quarterly

$230K

Q4 2023

Forward guidance

Celcuity expects cash, cash equivalents, investments and available funds under our debt facility to provide adequate capital 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 Q4 2023

Historical avgQ4 2023

-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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