NASDAQ$CLDX

Celldex Therapeutics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported business and financial highlights for the fourth quarter and year ended December 31, 2020.

Celldex Therapeutics reported a net loss of $21.9 million for the fourth quarter of 2020, with total revenue of $3.8 million. The company's cash, cash equivalents, and marketable securities totaled $194.4 million as of December 31, 2020, which they believe is sufficient to fund planned operations through 2023. They also had significant progress across their pipeline, especially with CDX-0159.

  • Observed an 80% complete response rate in a Phase 1b study of CDX-0159 in chronic inducible urticaria.
  • Expanded the CDX-0159 study to include patients with cholinergic urticaria.
  • Initiated a Phase 1 study of CDX-527, the first candidate from their bispecific platform.
  • Recorded a non-cash partial impairment charge of $14.5 million related to the TAM program IPR&D asset.

Headline financials

Total Revenue

$3.79M

Previous: $887K+326.8%
EPS (adj)

-$0.55

Previous: -$0.64+14.1%
Shares Outstanding

39.6M

Previous: 17.0M+132.9%
Capital Expenditures

$247K

Previous: $105K+135.2%
Free Cash Flow

-$5.46M

Previous: -$11.1M+50.9%
Net Income

-$21.9M

Previous: -$10.4M-110.6%
Operating Income

-$14M

Previous: -$13.5M-3.7%
Gross Profit

$3.79M

Previous: -$9.45M+140.0%
Cash & Equivalents

$194M

Previous: $64.4M+201.9%
Total Assets

$236M

Previous: $123M+91.8%
Stock-Based Comp

$1.26M

Previous: $687K+83.0%

Revenue & EPS history

Celldex · Revenue · Quarterly

$3.79M

Q4 2020+326.8%vs Q4 2019
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

Celldex believes that the cash, cash equivalents and marketable securities at December 31, 2020 are sufficient to meet estimated working capital requirements and fund planned operations through 2023.

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 2020

Historical avgQ4 2020

+1.3%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+1.7%

Avg return

30 days after

59%

38 / 64 earnings

Positive

+35.2%

Q4 2023

Best reaction

-21.5%

Q3 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.2%-7.0%-16.8%
Q4 2025-0.6%-6.1%-1.7%
Q3 2025+7.6%+12.7%+23.2%
Q1 2025+2.2%-0.4%-0.5%
Q4 2024-1.6%-3.1%-3.4%
Q3 2024+4.1%+3.1%+5.3%
Q2 2024+2.7%+3.8%+36.5%
Q1 2024-0.8%-6.2%-22.4%
Q4 2023+35.2%+37.4%+10.7%
Q3 2023+10.2%+23.1%+35.9%
Q2 2023-6.5%-7.4%-13.3%
Q1 2023+5.8%+5.3%+5.5%
Q4 2022+7.9%+8.7%-17.4%
Q3 2022+9.4%+5.6%+7.5%
Q2 2022-3.8%+1.7%-17.7%
Q1 2022-10.3%-10.6%-23.4%
Q4 2021+4.7%+0.5%+14.7%
Q3 2021+0.6%-7.6%-18.1%
Q2 2021+6.2%+3.7%+20.9%
Q1 2021-1.3%-3.3%+0.8%
Q4 2020-16.9%-4.0%+30.4%
Q3 2020+1.4%+9.6%+10.3%
Q2 2020-3.5%-12.3%-7.5%
Q1 2020+0.4%+0.4%+29.4%
Q4 2019+3.4%-7.3%+68.2%
Q3 2019-2.5%-5.0%-7.9%
Q2 2019+6.2%+1.4%+2.9%
Q1 2019-6.6%-15.4%-36.1%
Q4 2018+9.0%+4.3%-7.3%
Q3 2018+15.2%+3.0%-21.2%
Q2 2018+0.0%-6.7%+2.2%
Q1 2018-5.2%-7.8%-15.6%
Q4 2017+14.1%+17.0%-17.4%
Q3 2017+15.5%+14.7%+23.1%
Q2 2017+2.4%-0.8%+11.7%
Q1 2017+0.7%+2.9%-23.5%
Q4 2016+1.8%+2.1%-2.1%
Q3 2016+22.3%+39.8%+21.7%
Q2 2016+0.4%-4.3%-21.5%
Q1 2016-8.9%
Q4 2015+10.9%
Q3 2015+5.4%
Q2 2015-21.4%
Q1 2015+0.3%
Q4 2014+0.9%
Q3 2014-21.5%
Q2 2014+4.0%
Q1 2014-3.3%
Q4 2013-5.2%
Q3 2013+4.2%
Q2 2013-6.7%
Q1 2013+2.5%
Q4 2012+13.3%
Q3 2012+5.9%
Q2 2012-2.6%
Q1 2012+1.5%
Q4 2011+2.6%
Q3 2011-3.6%
Q2 2011-15.9%
Q1 2011+0.5%
Q4 2010-5.4%
Q3 2010+7.6%
Q2 2010-3.9%
Q1 2010-2.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro