NASDAQ$DCTH

Delcath Systems Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported third quarter results with revenue increase and strategic advancements.

Delcath Systems reported a strong third quarter with a 44% increase in revenue compared to the prior quarter, driven by HEPZATO KIT sales. The company is focusing on expanding its development pipeline and reported a solid financial position with a strong balance sheet and consistent revenue growth, putting them on the cusp of profitability.

  • Total third quarter revenues reached $11.2 million, a 44% increase from the prior quarter, with $10.0 million from HEPZATO KIT and $1.2 million from CHEMOSAT.
  • Activated four HEPZATO treatment centers in the U.S. during the third quarter and one more in October, bringing the total to twelve active centers.
  • CHOPIN study, evaluating immunotherapy sequencing with CHEMOSAT, is now fully enrolled with 76 patients.
  • Ended the third quarter with $14.0 million in cash and investments, with a quarterly cash burn of $3.6 million.

Headline financials

Total Revenue

$11.2M

Previous: $434K+2480.6%
EPS

$0.06

Previous: -$1.14+105.3%
Capital Expenditures

-$330K

Previous: -$39K-746.2%
Free Cash Flow

$1.53M

Previous: -$20.4M+107.5%
Net Income

$1.86M

Previous: -$20.3M+109.2%
Operating Income

-$1.26M

Previous: -$10.6M+88.1%
Gross Profit

$9.56M

Previous: $301K+3076.1%
Cash & Equivalents

$8.32M

Previous: $40.5M-79.4%
Total Assets

$31.7M

Previous: $47.6M-33.4%
R&D Expense

$3.87M

Previous: $4.66M-17.1%

Revenue & EPS history

Delcath · Revenue · Quarterly

$11.2M

Q3 2024+2,480.6%vs Q3 2023
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Delcath · $24.2M total across 2 segments · Q2 2025

  • HEPZATO KIT
    $22.5M—
  • CHEMOSAT
    $1.66M—

Forward guidance

Delcath is positioning itself for future growth based on HEPZATO's market adoption and is planning to expand its development pipeline, with programs for liver dominant colorectal and breast cancers.

Tailwinds

  • Strong balance sheet.
  • Consistent revenue growth.
  • Advancing programs for HEPZATO in liver dominant colorectal and breast cancers.
  • No outstanding debt obligations.
  • Broad interest from oncology leaders.

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

-2.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+7.7%

Avg return

30 days after

28%

9 / 32 earnings

Positive

+37.5%

Q2 2019

Best reaction

-26.4%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-0.3%+0.6%-5.3%
Q4 2025-11.7%-15.8%-12.1%
Q3 2025-4.7%-9.2%+5.3%
Q1 2025+23.6%+31.7%+41.1%
Q4 2024-1.6%-12.1%-18.0%
Q3 2024-9.0%-14.0%+8.5%
Q2 2024-2.6%-4.2%+33.7%
Q1 2024+33.1%+40.2%+37.4%
Q4 2023+9.2%+2.4%+12.9%
Q3 2023-23.7%-16.9%+10.0%
Q2 2023-20.6%-23.3%+18.2%
Q1 2023+0.2%+7.8%+14.9%
Q4 2022+22.3%+18.8%+17.6%
Q3 2022-6.7%+0.0%+11.3%
Q2 2022-2.3%+10.2%-5.4%
Q1 2022-11.9%-16.7%-28.1%
Q4 2021+1.3%+2.8%+0.0%
Q3 2021-1.8%-5.0%-28.1%
Q2 2021-11.8%-13.5%+1.1%
Q1 2021-7.0%-0.6%+9.8%
Q4 2020-24.8%-7.2%-31.8%
Q3 2020+0.6%+3.6%+36.7%
Q2 2020-2.6%-4.6%-9.3%
Q1 2020-5.2%-5.2%+0.5%
Q4 2019+0.0%+13.8%+55.7%
Q3 2019-4.3%-4.3%-15.2%
Q2 2019+37.5%+27.5%+26.2%
Q1 2019-11.2%+0.0%+22.5%
Q4 2018-6.5%-8.9%-35.5%
Q3 2018-26.4%-0.3%-5.6%
Q2 2018+0.0%+19.0%+78.8%
Q1 2018+2.4%+0.3%-0.6%
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———
Q4 2011———
Q3 2011———
Q2 2011———
Q1 2011———
Q4 2010———
Q3 2010———
Q2 2010———
Q1 2010———

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