NASDAQ$ELVN

Enliven Therapeutics Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported third quarter financial results and provided a business update, highlighting pipeline progress.

Enliven Therapeutics reported its third quarter financial results, highlighting positive data from the Phase 1 clinical trial of ELVN-001 and continued progress with ELVN-002. The company's cash position remains strong with $291.8 million, expected to provide runway into late 2026.

  • Announced positive data from the Phase 1 clinical trial of ELVN-001 in CML, reporting a cumulative MMR rate of 44% (8/18) by 24 weeks.
  • ELVN-001 remains well-tolerated with no dose reductions.
  • Continued to progress ELVN-002 with a focus on recently initiated combination clinical trials evaluating patients with HER2+ MBC and CRC.
  • Strong balance sheet with $292 million in cash, cash equivalents and marketable securities, which is expected to provide cash runway into late 2026.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.48

Previous: -$0.51+5.9%
R&D Expenses

$21.3M

No prior period
G&A Expenses

$5.8M

No prior period
Capital Expenditures

-$22K

Previous: -$16K-37.5%
Net Income

-$23.2M

Previous: -$20.8M-11.5%
Operating Income

-$27.1M

Previous: -$24.2M-11.6%
Gross Profit

-$80K

Previous: -$79K-1.3%
R&D Expense

$21.2M

Previous: $19.5M+8.5%
Stock-Based Comp

$5.18M

Previous: $3.4M+52.2%

Revenue & EPS history

Enliven Therapeutics · Revenue · Quarterly

$0

Q3 2024

Forward guidance

Enliven plans to report additional Phase 1 data in 2025 for ELVN-001 and ELVN-002.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.4%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+7.4%

Avg return

30 days after

48%

11 / 23 earnings

Positive

+17.6%

Q2 2020

Best reaction

-22.5%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+4.3%+3.4%+35.1%
Q3 2025-0.3%+11.3%-16.9%
Q2 2025-0.8%-1.1%-0.1%
Q1 2025+0.4%+19.7%+29.3%
Q4 2024-3.5%-7.7%-14.6%
Q3 2024-8.3%-8.4%-14.8%
Q1 2024-2.0%-5.9%-10.1%
Q4 2023-2.4%+43.0%+71.8%
Q3 2023-9.3%-12.4%-4.5%
Q2 2023-2.0%-8.0%-7.1%
Q1 2023-2.4%-0.3%+8.8%
Q4 2022+2.1%+4.5%+2.6%
Q3 2022+0.4%-5.5%-1.3%
Q2 2022+2.5%-1.7%-3.4%
Q1 2022-6.1%-11.5%-12.2%
Q4 2021+11.1%+22.2%-27.8%
Q3 2021+0.8%-3.8%-20.2%
Q2 2021+0.3%-18.0%-14.5%
Q1 2021+12.8%+15.8%+27.3%
Q4 2020-22.5%-19.5%-31.7%
Q3 2020-3.4%+13.9%+57.0%
Q2 2020+17.6%+19.8%+8.1%
Q1 2020+1.1%+4.4%+108.5%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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