NASDAQ$SPRB

Spruce Biosciences Inc · Q3 2024 earnings

Q3 2024 earnings ·

Briefing

SPRB Q3 2024 — $600K revenue

We face significant competition from other biotechnology and pharmaceutical companies, and our operating results will suffer if we fail to compete effectively. Spruce Biosciences Inc reported Q3 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: $600K.
  • Operating income: $9K.
  • Filed on Form 10-Q (accession 0000950170-24-124479).

Headline financials

Total Revenue

$602K

Previous: $3.07M-80.4%
EPS

-$0.21

Previous: -$0.30+30.0%
Capital Expenditures

$0.00

Previous: -$7K+100.0%
Free Cash Flow

-$8.67M

Previous: -$12.4M+29.9%
Net Income

-$8.67M

Previous: -$12.4M+29.8%
Operating Income

-$9.41M

Previous: -$13.7M+31.1%
Gross Profit

$602K

Previous: $3.07M-80.4%
Cash & Equivalents

$60.1M

Previous: $98.8M-39.2%
Total Assets

$65.1M

Previous: $113M-42.4%

Revenue & EPS history

Spruce Biosciences Inc · Revenue · Quarterly

$602K

Q3 2024-80.4%vs Q3 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 Q3 2024

Historical avgQ3 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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