NASDAQ$GPCR

Structure Therapeutics Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Structure Therapeutics reported its financial results for the third quarter ended September 30, 2024.

Structure Therapeutics reported a net loss of $34.0 million for the third quarter of 2024. The company's cash, cash equivalents, and short-term investments totaled $915.3 million as of September 30, 2024, which is expected to fund operations through at least 2027.

  • First patients dosed in Phase 2b ACCESS study of GSBR-1290 for obesity.
  • Oral small molecule amylin receptor agonist development candidate expected to be selected by the end of 2024.
  • Cash, cash equivalent and short-term investments of $915.3 million expected to fund projected operations and key clinical milestones through at least 2027.
  • R&D expenses for the third quarter of 2024 were $32.6 million.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.20

Previous: -$0.21+4.8%
Capital Expenditures

-$687K

Previous: $820K-183.8%
Free Cash Flow

-$20.6M

Previous: -$21.4M+3.8%
Net Income

-$34M

Previous: -$23.9M-42.5%
Operating Income

-$45.8M

Previous: -$26.1M-75.3%
Gross Profit

-$267K

Previous: $0.00
R&D Expense

$32.9M

Previous: $17.5M+87.6%
Stock-Based Comp

$6.02M

Previous: $1.86M+224.2%

Revenue & EPS history

Structure Therapeutics · Revenue · Quarterly

$0

Q3 2024

Historical earnings impact

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

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+1.2%

Avg return

Earnings day

-1.1%

Avg return

5 days after

+9.8%

Avg return

30 days after

40%

6 / 15 earnings

Positive

+14.8%

Q4 2024

Best reaction

-11.6%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-2.6%-2.5%-29.1%
Q3 2025-2.0%+7.3%+3.3%
Q1 2025-4.6%-11.2%-21.2%
Q4 2024+14.8%+13.1%-0.6%
Q3 2024+1.9%-14.1%-15.5%
Q2 2024-0.8%+0.9%+8.6%
Q1 2024-8.7%-9.0%+35.3%
Q4 2023-2.5%-5.9%+15.1%
Q3 2022+11.5%+7.1%+23.4%
Q3 2023-11.6%-1.6%+7.2%
Q2 2023-1.9%-2.9%-0.1%
Q2 2022-1.9%-2.9%-0.1%
Q1 2023+8.9%+1.9%+40.2%
Q4 2022+8.9%+1.9%+40.2%
Q1 2022+8.9%+1.9%+40.2%
Q4 2021

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