NASDAQ$COCP

Cocrystal Pharma Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Cocrystal Pharma reported Q3 2024 financial results and provided updates on its antiviral drug-development programs.

Cocrystal Pharma reported a net loss of $4.9 million, or $0.49 per share, for the third quarter of 2024. The company's cash balance was $13.0 million as of September 30, 2024, which is expected to fund planned development programs for the next 12 months. Topline results from two ongoing clinical studies are expected before year end and in late 2024 or early 2025.

  • Topline results from the Phase 2a influenza A challenge study with CC-42344 are expected before year end.
  • The multiple-ascending dose portion in the Phase 1 pan-norovirus/pan-coronavirus study with CDI-988 is underway, with topline results expected in late 2024 or early 2025.
  • Cash balance of $13.0 million is expected to fund planned development programs for the next 12 months.
  • R&D expenses for the third quarter of 2024 were $3.2 million, compared to $4.2 million for the third quarter of 2023.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.49

Previous: -$0.41-19.5%
Capital Expenditures

$465.57

Previous: -$1.54K+130.2%
Net Income

-$4.9M

Previous: -$4.2M-16.7%
Operating Income

-$5.04M

Previous: -$6M+16.0%
Gross Profit

-$30K

Previous: -$108K+72.2%
R&D Expense

$3.24M

Previous: $4.19M-22.7%
Stock-Based Comp

$253K

Previous: $173K+46.2%

Revenue & EPS history

Cocrystal Pharma · Revenue · Quarterly

$0

Q3 2024

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.9%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.4%

Avg return

30 days after

33%

19 / 58 earnings

Positive

+25.0%

Q3 2024

Best reaction

-33.3%

Q1 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.6%-11.9%
Q4 2026-2.9%+51.0%+43.0%
Q3 2025+0.0%-3.9%+1.9%
Q2 2025-1.2%-8.9%-6.0%
Q1 2025-7.4%+4.1%+5.5%
Q4 2024+4.1%+6.5%+23.6%
Q3 2024+25.0%+17.6%+8.5%
Q2 2024-10.0%+10.5%-12.1%
Q1 2024+8.1%+12.7%+61.8%
Q4 2023+0.0%-1.3%+4.0%
Q3 2023-1.1%-11.1%-5.3%
Q2 2023+2.1%-5.9%-31.1%
Q1 2023-3.8%-13.2%-3.8%
Q4 2022+4.4%+8.3%+37.8%
Q3 2022+0.0%-3.3%-19.5%
Q2 2022+0.0%-8.7%-23.9%
Q1 2022-5.0%+0.0%+2.5%
Q4 2021+1.7%-1.7%-12.1%
Q3 2021-2.2%-9.9%-22.0%
Q2 2021+2.9%-1.0%+2.9%
Q1 2021+2.7%+1.8%+15.0%
Q4 2020-5.0%-2.5%-24.5%
Q3 2020-2.3%+2.3%+64.4%
Q2 2020-7.3%-10.5%-58.6%
Q1 2020-2.8%-1.4%+30.6%
Q4 2019+5.9%+2.9%+33.8%
Q3 2019-21.0%-30.6%-25.8%
Q2 2019-10.8%-14.9%-34.0%
Q1 2019+0.7%-1.1%-5.5%
Q4 2018+0.7%-1.1%-5.5%
Q3 2018+6.8%+42.2%+91.7%
Q2 2018-5.5%-4.3%-19.4%
Q1 2018+5.0%-14.5%-64.4%
Q4 2017-2.1%+10.9%-30.0%
Q4 2016+0.0%+0.0%-11.5%
Q3 2017+0.0%+0.0%-11.5%
Q2 2017+0.0%+0.0%+52.6%
Q1 2017+0.0%+15.4%+3.8%
Q3 2016+0.0%-8.2%-12.2%
Q2 2016+4.4%+0.0%+11.1%
Q4 2015-3.1%
Q1 2016+7.0%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015+16.7%
Q4 2014+16.7%
Q3 2014+0.0%
Q2 2014+12.1%
Q1 2014+12.1%
Q4 2013-3.3%
Q3 2013-21.1%
Q2 2013+0.0%
Q4 2012-33.3%
Q1 2013-33.3%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012+0.0%
Q2 2011+0.0%
Q4 2011
Q3 2010
Q3 2011
Q4 2010
Q2 2010
Q1 2011
Q1 2010

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