NASDAQ$CRIS

Curis Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Curis reported a net loss for the fourth quarter ended December 31, 2022, and completed enrollment of the 9 additional patients requested by the FDA ahead of schedule in its TakeAim Leukemia study.

Curis reported its Q4 2022 financial results, with a net loss of $11.3 million, or $0.12 per share. The company also announced the completion of enrollment for the additional patients requested by the FDA in the TakeAim Leukemia study.

  • Completed enrollment of 9 additional patients in TakeAim Leukemia study ahead of schedule.
  • Presented positive updated clinical data from the Phase 1a dose escalation study of emavusertib at the ASH Meeting.
  • Expects to include data from the 9 additional patients in discussions with FDA in Q3.
  • Cash, cash equivalents and investments totaled $85.6 million as of December 31, 2022, expected to maintain planned operations into 2025.

Headline financials

Total Revenue

$2.89M

Previous: $3.14M-7.9%
EPS (adj)

-$2.40

Previous: -$3.00+20.0%
Free Cash Flow

-$12.3M

Previous: -$8.17M-50.1%
Net Income

-$11.3M

Previous: -$13.6M+16.8%
Operating Income

-$10.2M

Previous: -$12.6M+18.7%
Gross Profit

$2.82M

Previous: $2.98M-5.4%
Cash & Equivalents

$85.6M

Previous: $140M-38.8%
Total Assets

$109M

Previous: $162M-32.9%
Stock-Based Comp

$1.74M

Previous: $1.44M+21.0%

Revenue & EPS history

Curis · Revenue · Quarterly

$2.89M

Q4 2022-7.9%vs Q4 2021
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Revenue by segment

Curis · $2.9M total across 1 segment · Q4 2022

  • Royalties
    $2.9M-8.1%

Forward guidance

Curis expects to discuss data from additional patients with the FDA in Q3 to determine RP2D and resolve the partial clinical hold. Existing cash, cash equivalents and investments are expected to enable planned operations into 2025.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-1.7%

Avg return

Earnings day

-1.2%

Avg return

5 days after

+14.9%

Avg return

30 days after

37%

23 / 63 earnings

Positive

+46.2%

Q4 2017

Best reaction

-26.3%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-3.3%-4.6%
Q1 2026-9.5%-13.1%-23.7%
Q3 2025-7.2%-15.8%-7.5%
Q4 2024-9.5%-38.6%-32.4%
Q3 2024+0.5%-3.6%-9.2%
Q2 2024-8.8%-12.4%+0.9%
Q1 2024+1.1%-2.8%-40.2%
Q4 2023+10.9%+8.0%+11.8%
Q3 2023-3.0%+15.3%+151.8%
Q2 2023-11.5%-17.7%-26.6%
Q1 2023-0.6%+2.5%+6.2%
Q4 2022-10.9%-14.3%+31.7%
Q3 2022+5.1%+15.4%-1.3%
Q2 2022+2.0%+0.0%-7.1%
Q1 2022-12.6%+2.0%-6.0%
Q4 2021+9.2%+15.7%-15.4%
Q3 2021-0.7%-2.5%-21.1%
Q2 2021-6.9%-10.1%+13.9%
Q1 2021+33.0%+53.1%-18.5%
Q4 2020-1.7%+10.2%+10.8%
Q3 2020+12.0%+13.9%+647.2%
Q2 2020+16.8%+19.3%-16.0%
Q1 2020-12.0%-10.5%+55.8%
Q4 2019-7.1%-4.2%+9.7%
Q3 2019-26.3%-39.1%-24.3%
Q2 2019-21.3%-20.9%-18.3%
Q1 2019-1.6%-11.4%-22.7%
Q4 2018+5.8%+5.3%-5.8%
Q3 2018+5.5%-1.8%-47.2%
Q2 2018-9.8%-12.4%-12.4%
Q1 2018-10.8%-12.5%-11.1%
Q4 2017+46.2%+43.9%-5.3%
Q3 2017-11.3%-18.5%-44.4%
Q2 2017+0.0%-1.2%+21.5%
Q1 2017-11.7%-7.9%-10.7%
Q4 2016+16.1%+12.5%+2.0%
Q3 2016-3.6%+11.1%+20.2%
Q2 2016-1.7%+1.1%-3.4%
Q1 2016+7.3%
Q4 2015+0.7%
Q3 2015+2.4%
Q2 2015-9.7%
Q1 2015+4.6%
Q4 2014+0.3%
Q3 2014-0.8%
Q2 2014-7.8%
Q1 2014+0.0%
Q4 2013+11.4%
Q3 2013-25.2%
Q2 2013+3.0%
Q1 2013-9.4%
Q4 2012-4.0%
Q3 2012-3.4%
Q2 2012-0.9%
Q1 2011+2.9%
Q1 2012+0.6%
Q4 2011-1.9%
Q3 2011-6.8%
Q3 2010-6.8%
Q2 2011-10.6%
Q2 2010-10.6%
Q4 2010+2.4%
Q1 2010-6.7%

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