NASDAQ$PDSB

PDS Biotechnology Corporation · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

PDS Biotech reported a net loss and provided a business update.

PDS Biotech reported a net loss of $8.3 million for Q2 2024, a decrease from the $11.5 million net loss in Q2 2023, driven by lower operating expenses. The company is preparing to initiate a Phase 3 trial in Q4 2024.

  • Aligned with FDA on Phase 3 trial design for Versamune® HPV + pembrolizumab in first-line recurrent/metastatic HPV16-positive HNSCC.
  • VERSATILE-003 Phase 3 trial statistical endpoints revised for robustness based on VERSATILE-002 trial results.
  • Updated data from VERSATILE-002 trial to be presented at ESMO Congress 2024.
  • Abstracts accepted for presentation at ESMO, ASTRO, and the International Cytokine and Interferon Society meetings.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.23

Previous: -$0.37+37.8%
Capital Expenditures

$29K

No prior period
Free Cash Flow

-$8.89M

Previous: -$4.81M-84.6%
Net Income

-$8.33M

Previous: -$11.5M+27.8%
Operating Income

-$8.68M

Previous: -$12.7M+31.6%
Gross Profit

$0.00

No prior period
R&D Expense

$4.53M

No prior period
Stock-Based Comp

$1.8M

Previous: $2.11M-14.7%

Revenue & EPS history

PDS Biotechnology · Revenue · Quarterly

$0

Q2 2024

Forward guidance

PDS Biotech is planning to initiate the Phase 3 VERSATILE-003 trial in Q4 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 Q2 2024

Historical avgQ2 2024

+1.3%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+2.0%

Avg return

30 days after

52%

22 / 42 earnings

Positive

+55.0%

Q3 2022

Best reaction

-27.2%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.1%+5.7%-3.8%
Q3 2025-12.2%-18.2%+1.0%
Q2 2025-4.9%+0.8%-5.7%
Q1 2025+4.8%+15.0%+37.8%
Q4 2024+0.8%-12.9%+0.8%
Q3 2024-27.2%-24.0%-33.2%
Q2 2024-1.0%+6.6%+0.0%
Q1 2024-0.3%-4.4%-21.2%
Q4 2023-11.6%-10.3%-27.0%
Q3 2023+20.3%+19.7%+2.9%
Q2 2023+21.2%+17.1%+13.2%
Q1 2023+5.0%+14.9%-7.4%
Q4 2022+2.2%-4.7%+1.0%
Q3 2022+55.0%+54.5%+64.3%
Q2 2022+0.2%+1.9%-21.7%
Q1 2022-14.3%+15.2%-21.7%
Q4 2021-1.1%-1.0%-12.1%
Q3 2021-1.6%+2.2%-14.6%
Q2 2021+0.6%-6.5%+44.5%
Q1 2021+8.2%+27.0%+174.1%
Q4 2020+1.9%-5.3%+2.3%
Q3 2020-0.5%-1.9%+3.8%
Q2 2020-5.1%+0.7%-26.5%
Q1 2020-2.3%-1.8%+39.3%
Q4 2019+2.3%-7.9%+29.6%
Q3 2019+0.0%-14.0%-3.4%
Q2 2019+1.1%-0.5%-15.2%
Q1 2019+43.0%+18.6%+6.4%
Q4 2018+3.8%+2.6%-1.7%
Q3 2018-2.8%-4.9%-6.2%
Q2 2018+1.3%+0.0%-4.3%
Q1 2018-6.4%-3.6%-15.3%
Q4 2017+1.5%+9.4%-92.2%
Q3 2017+1.2%-2.2%-8.0%
Q2 2017-1.2%-3.1%-2.0%
Q1 2017+2.8%+2.4%+3.2%
Q4 2016-9.5%-8.8%-7.1%
Q3 2016-6.3%-0.6%+9.9%
Q2 2016+1.9%+0.1%-4.6%
Q1 2016-4.2%
Q4 2015-14.2%
Q3 2015+0.5%
Q2 2015
Q1 2015
Q4 2014
Q3 2014

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