NASDAQ$NXTC

NextCure Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

NextCure reported first quarter 2024 financial results and provided a business update.

NextCure reported a net loss of $17.1 million for the first quarter of 2024, with cash, cash equivalents, and marketable securities totaling $96.0 million. The company expects these financial resources to fund operations into the second half of 2026.

  • Phase 1b data for NC410 in combination with pembrolizumab will be presented at ASCO in June.
  • Preclinical data from LNCB74 (B7-H4 ADC) was presented at AACR.
  • Cash of approximately $96.0 million is expected to fund operations into the second half of 2026.
  • Planned submission of an investigational new drug application for LNCB74 by year-end.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.61

Previous: -$0.58-5.2%
Capital Expenditures

-$37K

Previous: $248K-114.9%
Free Cash Flow

-$12.6M

Previous: -$15M+15.9%
Net Income

-$17.1M

Previous: -$16.1M-6.3%
Operating Income

-$18.3M

Previous: -$17.1M-7.2%
Gross Profit

-$940K

No prior period
R&D Expense

$11.4M

No prior period
Stock-Based Comp

$1.69M

Previous: $2.08M-18.5%

Revenue & EPS history

NextCure · Revenue · Quarterly

$0

Q1 2024

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 Q1 2024

Historical avgQ1 2024

+0.7%

Avg return

Earnings day

+1.0%

Avg return

5 days after

-1.4%

Avg return

30 days after

36%

10 / 28 earnings

Positive

+34.8%

Q4 2023

Best reaction

-19.8%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-2.9%+6.6%-16.0%
Q3 2025-8.8%-5.4%+25.6%
Q2 2025-4.4%+1.9%-4.8%
Q2 2024-1.2%+1.9%-4.8%
Q1 2025-7.7%-20.8%+2.5%
Q4 2024+6.1%-1.7%-37.7%
Q3 2024-1.5%+18.0%-12.6%
Q1 2024+11.7%+15.3%+12.4%
Q4 2023+34.8%+39.7%+13.5%
Q3 2023+10.3%+6.5%+12.1%
Q2 2023-2.9%-2.3%-18.9%
Q1 2023+4.6%+14.5%+14.5%
Q4 2022-4.5%-5.1%-5.7%
Q3 2022-19.8%-31.2%-42.9%
Q2 2022+9.8%+14.0%-5.1%
Q1 2022-4.5%-15.1%+4.8%
Q4 2021-1.4%+0.4%+2.7%
Q3 2021-1.4%-23.5%-34.5%
Q2 2021+5.8%+3.2%+7.5%
Q1 2021+3.4%+5.0%-1.0%
Q4 2020-2.0%+2.1%-12.7%
Q3 2020-4.3%+0.9%+11.0%
Q2 2020-1.3%-3.1%-14.2%
Q1 2020+12.2%+4.0%-24.8%
Q4 2019-12.3%+4.0%+5.2%
Q3 2019-3.3%-7.6%+31.3%
Q2 2019+11.7%+11.1%+53.9%
Q1 2019-6.8%-6.3%+0.5%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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