NASDAQ$EPIX

Essa Pharma Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

ESSA Pharma reported financial results for the fiscal second quarter ended March 31, 2023.

ESSA Pharma reported its cash position is expected to be sufficient to fund current and planned operations through 2025. The company continued to enroll patients into its Phase 1 study of EPI-7386 in combination with Xtandi® (enzalutamide).

  • Entered into a clinical trial support agreement with Janssen to supply Erleada® (apalutamide) and Zytiga® (abiraterone acetate) for an ESSA-sponsored Phase 1 study of EPI-7386 combination therapies; enrollment expected to begin in the second half of 2023.
  • Continued to enroll patients into the fourth cohort of the Phase 1 EPI-7386 combination study with Xtandi® (enzalutamide); Phase 1 completion expected in 3Q2023 followed by the initiation of the randomized Phase 2 part of the study.
  • The Phase 1b EPI-7386 monotherapy expansion study in mCRPC patients is ongoing.
  • Cash position is expected to be sufficient to fund current and planned operations through 2025.

Headline financials

EPS (adj)

-$0.16

Previous: -$0.25+36.0%
Net Income

-$7.06M

Previous: -$10.9M+34.9%
Cash & Equivalents

$157M

Previous: $181M-13.3%
Total Assets

$159M

Previous: $183M-13.2%
Stock-Based Comp

$1.44M

Previous: $1.86M-22.9%

Revenue & EPS history

Essa Pharma · Revenue · Quarterly

$0

Q3 2025

Forward guidance

The company's cash position is expected to be sufficient to fund current and planned operations through 2025.

Historical earnings impact

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

Avg. return before/after earnings

Based on 10 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-0.3%

Avg return

Earnings day

+1.1%

Avg return

5 days after

-3.2%

Avg return

30 days after

39%

13 / 33 earnings

Positive

+46.0%

Q1 2021

Best reaction

-34.9%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+0.0%+0.0%-89.5%
Q2 2025+1.2%-1.8%-1.2%
Q1 2025-3.0%+3.6%-2.4%
Q4 2024-1.2%-1.8%+7.4%
Q3 2024-5.5%-2.6%+22.9%
Q2 2024+4.6%+4.9%-21.3%
Q1 2024+2.5%-5.4%-10.0%
Q4 2023+3.2%+16.4%+58.7%
Q3 2023-2.8%-4.5%-5.6%
Q2 2023-4.1%+2.7%+8.6%
Q1 2023+2.1%+0.3%-2.4%
Q4 2022-6.9%
Q3 2022+3.1%
Q2 2022+5.4%
Q1 2022+1.4%
Q4 2021+0.6%
Q3 2021-34.9%
Q2 2021-1.8%
Q1 2021+46.0%
Q4 2020+8.6%
Q1 2020+0.0%
Q4 2019-0.2%
Q1 2019+3.2%
Q2 2019-8.7%
Q4 2018-2.4%
Q1 2018-8.1%
Q4 2016+0.0%
Q3 2016+0.0%
Q2 2016-5.8%
Q1 2016+2.2%
Q4 2015-8.2%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2013
Q4 2013
Q3 2013

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro