NASDAQ$IMNN

Celsion Corp · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Reported a net loss, decreased operating expenses, and highlighted progress in clinical development programs.

IMUNON reported a net loss of $3.5 million for Q3 2023, a decrease from the $6.1 million loss in Q3 2022. The company highlighted progress in its clinical development programs including IMNN-001 and PlaCCine.

  • Reported interim data from the Phase 1/2 OVATION 2 Study showing longer PFS and OS in patients treated with a PARP inhibitor and IMNN-001.
  • Initiated a Phase 1/2 clinical trial in advanced ovarian cancer in combination with bevacizumab at the University of Texas MD Anderson Cancer Center.
  • Confirmed the versatility of the PlaCCine modality by demonstrating preclinically the immunogenicity and safety of vaccines against multiple pathogens.
  • Advanced the development of DNA infectious disease vaccines with preclinical demonstration of more durable antigen expression and T-cell responses.

Headline financials

Total Revenue

$163K

Previous: $125K+30.5%
EPS (adj)

-$0.37

Previous: -$0.87+57.5%
Capital Expenditures

-$452K

Previous: -$223K-102.7%
Free Cash Flow

-$3.93M

Previous: -$6.37M+38.3%
Net Income

-$3.48M

Previous: -$6.15M+43.5%
Operating Income

-$3.9M

Previous: -$6.17M+36.8%
Gross Profit

$163K

Previous: -$10.4K+1673.6%
Cash & Equivalents

$19.5M

Previous: $26.9M-27.6%
Total Assets

$24.7M

Previous: $60.5M-59.3%
R&D Expense

$1.98M

No prior period
Stock-Based Comp

$96.6K

Previous: $476K-79.7%

Revenue & EPS history

Celsion · Revenue · Quarterly

$163K

Q3 2023+30.5%vs Q3 2022
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

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 2023

Historical avgQ3 2023

+0.2%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+3.5%

Avg return

30 days after

32%

12 / 38 earnings

Positive

+28.7%

Q3 2019

Best reaction

-12.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-1.1%-8.8%
Q2 2025-4.8%-10.3%-28.5%
Q1 2025+2.5%-40.0%+107.5%
Q4 2024+1.2%+6.3%+36.2%
Q3 2024-12.8%-17.0%-10.6%
Q2 2024-0.9%+4.6%+1.8%
Q1 2024+7.2%+1.4%-11.6%
Q4 2023+17.1%+25.0%+2.9%
Q3 2023-4.0%-3.0%-9.1%
Q2 2023-3.2%-5.6%-10.4%
Q1 2023-5.2%-6.7%+3.7%
Q4 2022-2.3%-6.2%+0.8%
Q3 2022-3.9%-4.6%-11.1%
Q2 2022-1.6%-11.6%-19.8%
Q1 2022+0.4%-7.5%-23.5%
Q4 2021-4.5%+17.4%-45.3%
Q3 2021+1.2%-10.7%-22.6%
Q2 2021-1.9%-8.4%+0.0%
Q1 2021+4.0%+12.1%+54.5%
Q4 2020-1.3%-22.9%-53.3%
Q3 2020-1.9%-3.7%+24.1%
Q2 2020+0.0%-1.8%-28.4%
Q1 2020-1.5%+26.5%+125.0%
Q4 2019+9.0%-3.4%+31.5%
Q3 2019+28.7%+34.3%+50.0%
Q2 2019+0.0%+7.1%+3.0%
Q1 2019+6.1%-4.2%-15.4%
Q4 2018-2.5%+19.9%+6.5%
Q3 2018-4.2%-12.6%-8.8%
Q2 2018-9.4%-8.7%+2.2%
Q1 2018-1.6%+1.2%+0.0%
Q4 2017-4.3%-11.5%-12.6%
Q3 2017-5.2%-5.7%+32.1%
Q2 2017-1.4%-9.5%-5.4%
Q1 2017+0.0%-8.3%-14.0%
Q4 2016+3.4%-3.4%+3.4%
Q3 2016+0.0%-10.9%-27.2%
Q2 2016+4.2%+10.0%+3.3%
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
Q2 2012

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