NASDAQ$NXTC

NextCure Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

NextCure reported financial results for the second quarter of 2023 and provided a business update.

NextCure reported cash, cash equivalents, and marketable securities of $130.6 million as of June 30, 2023. Net loss for the quarter ended June 30, 2023, was $17.9 million, consistent with the net loss for the quarter ended June 30, 2022.

  • Continued enrollment in the Phase 1b/2 clinical trial evaluating NC410 in combination with pembrolizumab in patients with immune checkpoint naive or checkpoint refractory solid tumors.
  • Phase 1b data for NC410 are expected in the fourth quarter of 2023.
  • Phase 1b update for NC762 is expected in the fourth quarter of 2023.
  • Phase 1a update for NC525 is expected in the fourth quarter of 2023.

Headline financials

EPS (adj)

-$0.64

Previous: -$0.65+1.5%
R&D Expenses

$13.4M

No prior period
G&A Expenses

$5.71M

No prior period
Capital Expenditures

$280K

Previous: $414K-32.4%
Free Cash Flow

-$15M

Previous: -$14.9M-0.8%
Net Income

-$17.9M

Previous: -$17.7M-0.8%
Operating Income

-$19.2M

Previous: -$18.1M-5.7%
Cash & Equivalents

$131M

Previous: $186M-29.6%
Total Assets

$153M

Previous: $206M-25.7%
Stock-Based Comp

$2.13M

Previous: $2.24M-5.2%

Revenue & EPS history

NextCure · Revenue · Quarterly

$0

Q4 2025

Forward guidance

NextCure expects its existing cash, cash equivalents and marketable securities will enable it to fund operating expenses and capital expenditures into mid-2025.

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 Q2 2023

Historical avgQ2 2023

+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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