NASDAQ$STTK
Shattuck Labs In · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported financial results for the quarter ended September 30, 2024 and provided recent business highlights.
Shattuck Labs reported a net loss of $16.7 million for the quarter ended September 30, 2024, with cash and cash equivalents and investments of $90.1 million. The company is focusing on the development of SL-325 and expects its cash to fund operations into 2027.
- Announced development of SL-325, a first-in-class antagonist antibody to DR3, with IND filing expected in Q3 2025.
- Cash and cash equivalents and investments were approximately $90.1 million as of September 30, 2024.
- R&D expenses were $16.3 million for the quarter ended September 30, 2024.
- Net loss was $16.7 million for the quarter ended September 30, 2024, or $0.33 per basic and diluted share.
Headline financials
Revenue & EPS history
Shattuck Labs · Revenue · Quarterly
$3M
Forward guidance
Shattuck believes its cash and cash equivalents and investments will be sufficient to fund its planned operations into 2027, beyond results from its Phase 1 clinical trial of SL-325.
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 2024
-2.3%
Avg return
Earnings day
-3.1%
Avg return
5 days after
-1.1%
Avg return
30 days after
43%
10 / 23 earnings
Positive
+10.7%
Q2 2020
Best reaction
-34.2%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.4% | -0.9% | -31.6% | |
| Q4 2025 | +7.8% | +26.0% | +35.7% | |
| Q3 2025 | -4.5% | -2.9% | +52.0% | |
| Q1 2025 | -0.1% | -3.7% | +21.3% | |
| Q4 2024 | -7.0% | -13.7% | -30.2% | |
| Q3 2024 | +1.6% | -6.6% | -6.6% | |
| Q2 2024 | -8.3% | -22.4% | -9.8% | |
| Q1 2024 | -0.7% | -1.0% | -32.0% | |
| Q4 2023 | +7.3% | +6.3% | -0.6% | |
| Q3 2023 | -22.4% | -12.2% | +0.0% | |
| Q2 2023 | -10.7% | -11.1% | -9.1% | |
| Q1 2023 | +3.3% | -3.7% | +8.6% | |
| Q4 2022 | +4.8% | +8.5% | -30.3% | |
| Q3 2022 | -12.2% | -6.8% | -0.4% | |
| Q2 2022 | -2.8% | +1.3% | -17.3% | |
| Q1 2022 | +4.9% | -0.9% | +27.3% | |
| Q4 2021 | +10.3% | +22.4% | -13.1% | |
| Q3 2021 | -34.2% | -34.5% | -51.8% | |
| Q2 2021 | +1.2% | -1.5% | -1.4% | |
| Q1 2021 | -3.5% | -9.2% | -2.7% | |
| Q4 2020 | -2.5% | -13.8% | -13.3% | |
| Q3 2020 | +10.7% | +4.9% | +40.2% | |
| Q2 2020 | +10.7% | +4.9% | +40.2% | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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