NASDAQ$SPRB

Spruce Biosciences Inc · Q1 2024 earnings

Q1 2024 earnings ·

Briefing

SPRB Q1 2024 — $2.0M revenue

Any delays in the commencement or completion, or termination or suspension, of our clinical trials could result in increased costs to us, delay or limit our ability to generate revenue, and adversely . Spruce Biosciences Inc reported Q1 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $2.0M.
  • Operating income: $13K.
  • Filed on Form 10-Q (accession 0000950170-24-058657).

Headline financials

Total Revenue

$2M

Previous: $1.96M+1.9%
EPS

-$0.28

Previous: -$0.40+30.0%
Free Cash Flow

-$11.6M

Previous: -$12.8M+9.1%
Net Income

-$11.6M

Previous: -$12.8M+9.1%
Operating Income

-$12.6M

Previous: -$13.2M+4.3%
Gross Profit

$2M

Previous: $1.96M+1.9%
Cash & Equivalents

$81.2M

Previous: $73.9M+9.8%
Total Assets

$87.5M

Previous: $139M-37.1%

Revenue & EPS history

Spruce Biosciences Inc · Revenue · Quarterly

$2M

Q1 2024+1.9%vs Q1 2023
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-1.7%

Avg return

Earnings day

-1.5%

Avg return

5 days after

-0.6%

Avg return

30 days after

27%

4 / 15 earnings

Positive

+6.1%

Q3 2022

Best reaction

-10.5%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+2.1%-9.3%-9.5%
Q3 2025-2.6%-8.0%-23.5%
Q2 2025-5.9%-4.2%+33.3%
Q1 2025-1.4%+4.2%-9.7%
Q3 2024-1.3%-7.9%-27.4%
Q2 2024-4.6%+3.2%+7.3%
Q1 2024-3.4%-10.0%-20.2%
Q3 2023+2.9%+28.6%+65.7%
Q2 2023-1.6%+5.6%+11.9%
Q1 2023-2.2%+4.5%+6.3%
Q3 2022+6.1%+6.1%+3.0%
Q2 2022+1.0%+10.8%-7.2%
Q1 2022-10.5%-6.3%+8.4%
Q3 2021-1.9%-34.5%-44.1%
Q2 2021-2.2%-5.2%-3.2%

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