NASDAQ$CRBP

Corbus Pharmaceuticals Holding · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Corbus Pharmaceuticals reported financial results for the fourth quarter of 2022 and provided a corporate update.

Corbus Pharmaceuticals reported a net loss of $10.9 million for the fourth quarter of 2022. The company's cash and investments on hand are expected to fund operations through the second quarter of 2024.

  • Expanded precision oncology pipeline with licensing of CRB-701, a clinical-stage Nectin-4 antibody drug conjugate (ADC) from CSPC Pharmaceutical Group.
  • CRB-601 anti-αvβ8 mAb program scheduled for IND submission in the second half of 2023.
  • CRB-601 continues to demonstrate compelling pre-clinical monotherapy and combination data with anti-PD-1.
  • Dr. Yong Ben, a distinguished oncology researcher, joined the Corbus Board of Directors.

Headline financials

EPS (adj)

-$2.61

Previous: -$2.40-8.8%
Free Cash Flow

-$7.45M

Previous: -$9.76M+23.6%
Net Income

-$10.9M

Previous: -$10.3M-6.0%
Operating Income

-$10.8M

Previous: -$10M-8.0%
Cash & Equivalents

$17M

Previous: $25M-32.0%
Total Assets

$66.3M

Previous: $108M-38.4%
Stock-Based Comp

$1.27M

Previous: $1.79M-29.2%

Revenue & EPS history

Corbus Pharmaceuticals · Revenue · Quarterly

$1.32M

Q1 2026
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

Corbus Pharmaceuticals expects its cash and investments to fund operations through the second quarter of 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 Q4 2022

Historical avgQ4 2022

-1.6%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+8.6%

Avg return

30 days after

30%

14 / 46 earnings

Positive

+23.0%

Q4 2023

Best reaction

-24.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.0%+0.1%-29.3%
Q4 2025+18.6%+17.5%+22.8%
Q3 2025+6.5%+8.0%-6.9%
Q1 2025-16.3%-13.1%+18.6%
Q4 2024-9.1%-17.4%-13.4%
Q3 2024-0.7%-5.1%-19.3%
Q2 2024-12.2%+2.8%-7.7%
Q1 2024+9.2%+10.7%+20.0%
Q4 2023+23.0%+14.1%+4.5%
Q3 2023-24.2%-35.5%+7.1%
Q2 2023-4.7%+3.9%+9.5%
Q1 2023-8.1%-2.9%-8.0%
Q4 2022-11.6%-24.9%+171.9%
Q3 2022-3.8%+1.5%-0.8%
Q2 2022-4.5%-3.7%-25.5%
Q1 2022-10.6%-19.2%+12.5%
Q4 2021+15.4%+25.5%+32.7%
Q3 2021+5.7%-3.8%-28.8%
Q2 2021-6.8%-7.5%-10.5%
Q1 2021+12.1%+9.4%+46.3%
Q4 2020-6.4%+0.9%-25.3%
Q3 2020+0.0%+4.9%+8.2%
Q2 2020-7.6%-2.7%+29.4%
Q1 2020+3.3%+4.3%+11.0%
Q4 2019-1.2%+2.2%+39.6%
Q3 2019-6.4%-11.0%+4.7%
Q2 2019+3.2%+7.0%-4.4%
Q1 2019-0.8%-4.9%-9.9%
Q4 2018+8.1%+11.1%+17.1%
Q3 2018-13.3%-16.5%-9.4%
Q2 2018+0.0%+2.6%+12.5%
Q1 2018-14.5%-1.6%-10.2%
Q4 2017-4.9%+0.0%-12.7%
Q3 2017+2.9%+0.0%+10.2%
Q2 2017-4.1%-0.8%+10.7%
Q1 2017-4.0%+1.6%+2.4%
Q4 2016+1.6%+4.4%-20.9%
Q3 2016-9.3%+26.4%+20.9%
Q2 2016-1.0%+5.5%+67.2%
Q1 2016-2.5%
Q4 2015-3.8%
Q3 2015-1.8%
Q2 2015-6.1%
Q1 2015-2.5%
Q4 2014-0.5%
Q3 2014+16.7%
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013

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