NASDAQ$NXTC

NextCure Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

NextCure reported third quarter 2022 financial results and discontinued development of NC318 program.

NextCure reported its third quarter 2022 financial results, highlighted by the discontinuation of the NC318 program and the extension of the cash runway into mid-2025. The company is focusing on advancing its clinical pipeline, including NC410, NC525, and NC762.

  • Discontinued clinical development of NC318 based on efficacy data.
  • Initiated a Phase 1b/2 trial to evaluate NC410 in combination with pembrolizumab in patients with solid tumors.
  • Filed an Investigational New Drug (IND) application for NC525 and received clearance to proceed with a Phase 1 trial.
  • Initiated the NC762 expansion trial.

Headline financials

EPS (adj)

-$0.68

Previous: -$0.65-4.6%
Capital Expenditures

$532K

Previous: -$1.54M+134.7%
Free Cash Flow

-$15.5M

Previous: -$19.5M+20.2%
Net Income

-$18.9M

Previous: -$17.9M-5.4%
Operating Income

-$19.2M

Previous: -$18.5M-3.9%
Cash & Equivalents

$169M

Previous: $36.7M+361.5%
Total Assets

$190M

Previous: $258M-26.3%
Stock-Based Comp

$2.31M

Previous: $2.48M-6.9%

Revenue & EPS history

NextCure · Revenue · Quarterly

$0

Q4 2025

Forward guidance

NextCure expects that discontinuing NC318 and prioritizing NC410 will extend its cash runway into mid-2025, enabling the company to fund operating expenses and capital expenditures.

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 2022

Historical avgQ3 2022

+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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