NASDAQ$STTK

Shattuck Labs In · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported fourth quarter and full-year 2023 financial results and recent business highlights.

Shattuck Labs reported a net loss of $17.7 million for the fourth quarter of 2023, compared to a net loss of $25.4 million for the same period in 2022. The company's cash and cash equivalents and investments were $130.6 million as of December 31, 2023, and are expected to fund operations into 2026.

  • Announced positive topline data from the Phase 1A/B clinical trial of SL-172154 in combination with azacitidine in frontline Higher-Risk Myelodysplastic Syndromes and frontline TP53 mutant Acute Myeloid Leukemia patients.
  • Completed initial enrollment in Phase 1B dose-expansion cohorts for frontline HR-MDS and TP53m AML patients in the fourth quarter of 2023.
  • Completed enrollment and presented positive interim data from the Phase 1B clinical trial of SL-172154 in combination with pegylated liposomal doxorubicin in platinum-resistant ovarian cancer.
  • Entered into strategic collaboration and license agreement with Ono Pharmaceutical Co., Ltd to generate novel bifunctional fusion proteins.

Headline financials

Total Revenue

$714K

Previous: $390K+83.1%
EPS (adj)

-$0.41

Previous: -$0.60+31.7%
R&D Expenses

$15.2M

No prior period
G&A Expenses

$4.44M

No prior period
Capital Expenditures

$17K

Previous: $693K-97.5%
Net Income

-$17.7M

Previous: -$24.5M+27.9%
Operating Income

-$19M

Previous: -$26.3M+27.9%
Gross Profit

-$267K

Previous: -$697K+61.7%
R&D Expense

$15.2M

No prior period
Stock-Based Comp

$1.64M

Previous: $1.69M-3.1%

Revenue & EPS history

Shattuck Labs · Revenue · Quarterly

$714K

Q4 2023+83.1%vs Q4 2022
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Forward guidance

Shattuck believes its cash and cash equivalents and investments will be sufficient to fund its operations into 2026, beyond results from its Phase 1 clinical trials of SL-172154.

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 Q4 2023

Historical avgQ4 2023

-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

Earnings price reactions
QuarterReport dateReaction (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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