NASDAQ$CODX

Co-Diagnostics Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Co-Diagnostics reported Q4 2024 revenue of $3.9M, a net loss of $37.6M, diluted EPS of $-1.24.

For Q4 2024, Co-Diagnostics reported Revenue was $3.9M, net loss was $37.6M, diluted EPS was $-1.24. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $3.9M for Q4 2024.
  • Net loss $37.6M.
  • Diluted EPS $-1.24.

Headline financials

Total Revenue

$3.9M

Previous: $3.56M+9.7%
EPS (adj)

-$1.24

Previous: -$0.50-148.0%
Stock-based compensation

$5.43M

Previous: $8.34M-34.8%
Capital Expenditures

-$73K

Previous: -$465K+84.3%
Net Income

-$37.6M

Previous: -$14.7M-156.2%
Operating Income

-$13.5M

Previous: -$11.8M-14.3%
Gross Profit

-$463K

Previous: $274K-268.6%
R&D Expense

$4.81M

Previous: $6.18M-22.2%

Revenue & EPS history

Co-Diagnostics · Revenue · Quarterly

$3.9M

Q4 2024+9.7%vs Q4 2023
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Co-Diagnostics · $146K total across 1 segment · Q1 2026

  • Product
    $146K

Forward guidance

Outlook emphasizes clinical milestones, liquidity runway, and operating expense discipline.

Tailwinds

  • Pipeline progress and partnership economics.
  • Cash supports near-term operating plans.

Headwinds

  • Operating losses until commercial scale.
  • Financing and trial outcomes affect funding costs.

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 Q4 2024

Historical avgQ4 2024

-5.3%

Avg return

Earnings day

-3.9%

Avg return

5 days after

+0.6%

Avg return

30 days after

34%

12 / 35 earnings

Positive

+21.0%

Q1 2022

Best reaction

-32.3%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.6%+24.4%+169.2%
Q3 2025-11.4%-8.1%-8.3%
Q2 2025+11.7%+6.4%+28.7%
Q1 2025-2.4%-2.8%-15.5%
Q4 2024-18.3%-8.7%-10.7%
Q3 2024-5.8%-3.3%-29.7%
Q2 2024+4.7%+9.3%+25.2%
Q1 2024-9.0%-8.2%+10.7%
Q4 2023-9.3%-6.8%+1.7%
Q3 2023-7.3%+9.8%-0.8%
Q2 2023-10.8%-6.9%-5.4%
Q1 2023+0.8%+4.9%-20.9%
Q4 2022-14.8%-34.4%-46.4%
Q3 2022+8.6%+9.7%-17.4%
Q2 2022-32.3%-37.9%-50.6%
Q1 2022+21.0%+33.8%+35.1%
Q4 2021-8.3%+4.0%-24.4%
Q3 2021+7.8%+13.1%-2.3%
Q2 2021+11.0%+15.6%+10.8%
Q1 2021+15.7%+20.4%+20.8%
Q4 2020-21.8%-31.1%-27.8%
Q3 2020-20.6%-26.0%-28.8%
Q2 2020-16.8%-21.2%-29.9%
Q1 2020-27.1%-19.5%-33.5%
Q4 2019-16.7%-10.4%+35.2%
Q3 2019-4.3%-3.9%+7.1%
Q2 2019-11.1%-8.1%-13.5%
Q1 2019-14.2%-20.3%-25.7%
Q4 2018+5.6%+0.0%-8.2%
Q3 2018+2.3%-9.3%-13.1%
Q2 2018-1.4%-4.5%-10.8%
Q1 2018-8.1%-7.0%+129.7%
Q4 2017-5.9%-11.3%-14.9%
Q3 2017-3.2%-6.8%-43.4%
Q2 2017+3.2%+9.4%+29.0%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015

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