NASDAQ$NVCT

Nuvectis Pharma Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Reported financial results for the third quarter of 2023 and provided an update on recent business progress.

Nuvectis Pharma reported its third quarter 2023 financial results, with a net loss of $5.9 million and cash, cash equivalents, and short-term investments of $22.1 million. The company is advancing the development programs of NXP800 and NXP900, with preliminary data from the NXP800 Phase 1b study expected in 1Q 2024.

  • Advanced the development programs of NXP800 and NXP900.
  • Expect to report preliminary data from the NXP800 Phase 1b study in 1Q 2024.
  • FDA granted NXP800 Orphan Drug Designation for the treatment of Cholangiocarcinoma.
  • Initiated the dose escalation part of Phase 1 study for NXP900 in patients with advanced solid tumors.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.37

Previous: -$0.42+11.9%
R&D Expenses

$4.5M

No prior period
G&A Expenses

$1.7M

No prior period
Capital Expenditures

$0.00

No prior period
Free Cash Flow

-$3.24M

No prior period
Net Income

-$5.9M

Previous: -$5.88M-0.4%
Operating Income

-$6.16M

Previous: -$5.94M-3.7%
Gross Profit

$0.00

No prior period
Cash & Equivalents

$22.1M

Previous: $23.6M-6.5%
Total Assets

$22.3M

Previous: $24.9M-10.5%
R&D Expense

$4.49M

No prior period
Stock-Based Comp

$1.13M

Previous: $559K+102.7%

Revenue & EPS history

Nuvectis Pharma · Revenue · Quarterly

$0

Q3 2023

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 2023

Historical avgQ3 2023

+2.4%

Avg return

Earnings day

+7.2%

Avg return

5 days after

-3.7%

Avg return

30 days after

65%

13 / 20 earnings

Positive

+29.2%

Q3 2024

Best reaction

-14.9%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+9.4%+31.6%+8.8%
Q4 2026+0.5%+0.2%+3.3%
Q3 2025-7.9%-3.5%+6.1%
Q2 2025-5.4%-17.7%-10.6%
Q1 2025+6.4%+8.3%-9.4%
Q4 2024-5.8%-9.1%+31.1%
Q3 2024+29.2%+71.3%-24.6%
Q1 2024-14.9%-15.3%-13.6%
Q4 2023-4.5%-0.4%-25.1%
Q3 2023-7.9%-6.6%-8.4%
Q2 2023+1.4%+1.1%-7.0%
Q1 2023+5.8%+6.3%+14.0%
Q4 2022-7.1%-9.5%+9.2%
Q3 2021+0.9%-3.5%+7.7%
Q3 2022+0.9%-3.5%+7.7%
Q2 2021+1.1%+10.1%-0.6%
Q2 2022+2.6%-3.0%-3.7%
Q1 2021+18.8%+28.8%-24.4%
Q4 2021+18.8%+33.6%-15.6%
Q1 2022+5.4%+25.2%-19.4%

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