NASDAQ$NUVL

Nuvalent Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Nuvalent reported second quarter 2022 financial results and highlighted execution across its pipeline of novel kinase inhibitors.

Nuvalent reported a net loss of $18.5 million for the second quarter of 2022. The company's cash, cash equivalents, and marketable securities totaled $257.0 million as of June 30, 2022, which is expected to fund operations into 2024. The company is advancing its pipeline with clinical trials ongoing for NVL-520 and NVL-655 and expects to select two additional development candidates in 2022.

  • Preliminary dose escalation data expected in second half of 2022 from the ARROS-1 study of NVL-520 for advanced ROS1 positive NSCLC and other solid tumors.
  • Dosing initiated and enrollment ongoing in ALKOVE-1 trial evaluating NVL-655 in patients with advanced ALK-positive NSCLC and other solid tumors.
  • New NVL-655 preclinical data presented at IASLC 2022 World Conference on Lung Cancer Annual Meeting.
  • Nuvalent is on track to select two additional development candidates from discovery pipeline in 2022.

Headline financials

EPS (adj)

-$0.38

Previous: -$3.17+88.0%
Net Income

-$18.5M

Previous: -$9.84M-87.7%
Operating Income

-$18.7M

Previous: -$9.85M-90.2%
Cash & Equivalents

$257M

Previous: $139M+85.0%
Total Assets

$263M

Previous: $144M+83.3%
Stock-Based Comp

$2.45M

Previous: $725K+237.8%

Revenue & EPS history

Nuvalent · Revenue · Quarterly

$6M

Q3 2025

Historical earnings impact

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

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.0%

Avg return

Earnings day

-0.8%

Avg return

5 days after

-7.7%

Avg return

30 days after

38%

8 / 21 earnings

Positive

+14.6%

Q4 2021

Best reaction

-5.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-0.5%-4.1%-7.5%
Q3 2025-5.0%-11.6%+6.2%
Q1 2025+3.2%+3.7%+10.2%
Q4 2024-2.8%-7.0%-5.2%
Q3 2024-4.3%-8.0%-8.0%
Q1 2024-3.1%+0.7%+17.2%
Q4 2023-1.4%+0.6%-13.3%
Q3 2023+3.7%+5.0%+38.8%
Q2 2023-1.1%-3.1%+9.2%
Q1 2023-2.5%-1.1%+3.5%
Q4 2022+8.3%+4.7%+0.9%
Q3 2022+1.0%+2.9%-2.1%
Q2 2022+4.5%+9.3%+13.1%
Q1 2022-0.7%+7.3%+16.1%
Q4 2021+14.6%+20.2%-8.1%
Q3 2020+1.3%-14.7%-2.4%
Q3 2021+1.3%-10.4%-20.1%
Q2 2020-4.3%-2.9%-52.6%
Q1 2021-4.3%-2.9%-52.6%
Q2 2021-4.3%-2.9%-52.6%
Q4 2020-4.3%-2.9%-52.6%
Q1 2020

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