NASDAQ$VKTX

Viking Therapeutics Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Viking Therapeutics reported its fourth quarter and full-year 2024 financial results, highlighting progress in its clinical pipeline and a strong cash position.

Viking Therapeutics announced positive data from four different clinical trials in 2024, including for VK2735 in obesity and VK2809 for MASH. The company ended the year with a strong cash position of $903 million and plans to initiate Phase 3 trials for subcutaneous VK2735 in obesity in 2Q25.

  • Initiation of Phase 3 studies for subcutaneous VK2735 for obesity is planned for 2Q25.
  • The Phase 2 VENTURE-Oral Dosing Trial evaluating VK2735 in obesity is currently underway.
  • Viking Therapeutics reported a strong year-end cash position of $903 million.
  • The company achieved positive data from four different clinical trials in 2024, including for VK2735 (subcutaneous and oral) and VK2809.

Headline financials

Total Revenue

$0.00

Previous: $436K-100.0%
EPS (adj)

-$0.32

Previous: -$0.25-28.0%
R&D Expenses

$31M

Previous: $20.5M+51.1%
G&A Expenses

$15.3M

Previous: $8.78M+73.6%
Interest Income, Net

$10.8M

Previous: $4.71M+130.4%
Capital Expenditures

$0.00

Previous: $0.00
Net Income

-$35.4M

Previous: -$24.6M-44.0%
Operating Income

-$46.2M

Previous: -$101M+54.1%
Gross Profit

-$110K

Previous: $362K-130.4%
R&D Expense

$31M

Previous: $20.5M+51.1%

Revenue & EPS history

Viking Therapeutics · Revenue · Quarterly

$0

Q4 2024-100%vs Q4 2023
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

Viking Therapeutics plans to advance its pipeline programs, including initiating Phase 3 trials for subcutaneous VK2735 in obesity and filing an IND for its DACRA program later this year. The company expects to report data from the VENTURE-Oral Dosing trial in 2H25.

Tailwinds

  • Initiation of Phase 3 studies for subcutaneous VK2735 for obesity planned for 2Q25.
  • Phase 2 VENTURE-Oral Dosing Trial evaluating VK2735 in obesity underway, with data expected in 2H25.
  • Planning to file an IND application for the Dual Amylin and Calcitonin Receptor Agonist (DACRA) program later this year.
  • Strong balance sheet with over $900 million in cash and equivalents to support clinical goals.
  • Continued evaluation of potential next steps for VK2809 following positive Phase 2b VOYAGE study results.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • Potential for unexpected safety or tolerability challenges in ongoing or future trials.
  • Regulatory requirements and clinical trial success are subject to risks and uncertainties.
  • Prior clinical and preclinical results may not be replicated in future studies.
  • The company disclaims any obligation to update forward-looking statements except as required by law.

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 2024

Historical avgQ4 2024

+1.6%

Avg return

Earnings day

+4.3%

Avg return

5 days after

+10.3%

Avg return

30 days after

48%

21 / 44 earnings

Positive

+25.5%

Q2 2024

Best reaction

-12.1%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.8%-0.1%+4.4%
Q4 2025+6.8%+6.7%+24.8%
Q3 2025+8.1%+11.2%+9.0%
Q1 2025-0.5%+8.3%+4.6%
Q4 2024-6.1%-10.6%-13.1%
Q3 2024+18.0%+20.1%-15.2%
Q2 2024+25.5%+18.8%+25.4%
Q1 2024+6.1%+16.2%-3.4%
Q4 2023+17.4%+28.9%+191.7%
Q3 2023-9.2%-10.0%+15.3%
Q2 2023-5.4%+0.1%-6.0%
Q1 2023-1.4%+11.3%+7.2%
Q4 2022+7.2%+6.7%+3.9%
Q3 2022-1.5%+0.2%-2.0%
Q2 2022-2.1%-12.0%+2.1%
Q1 2022+5.7%+10.5%+1.7%
Q4 2021+12.8%+4.5%-11.4%
Q3 2021+5.5%+3.0%-22.9%
Q2 2021+6.5%+6.5%+9.5%
Q1 2021+0.5%+0.3%-15.9%
Q4 2020-11.1%-15.2%-25.7%
Q3 2020+0.2%+0.4%+19.9%
Q2 2020+14.4%+10.8%+3.6%
Q1 2020-12.1%+7.9%+15.3%
Q4 2019-6.4%-4.4%-28.9%
Q3 2019+12.0%+19.8%+6.0%
Q2 2019-5.9%-6.0%-9.6%
Q1 2019+7.9%+6.2%-1.9%
Q4 2018-3.3%+6.5%+17.2%
Q3 2018-4.4%-14.6%-29.9%
Q2 2018-0.2%+3.0%+8.6%
Q1 2018+9.8%+10.0%+133.4%
Q4 2017-7.1%-0.2%-27.2%
Q3 2017-5.2%+16.9%+76.6%
Q2 2017+6.3%+8.4%+21.1%
Q1 2017-5.1%-9.4%-8.7%
Q4 2016-7.8%-7.8%+6.2%
Q3 2016+10.0%+18.0%+12.0%
Q2 2016-3.8%-3.8%+2.3%
Q1 2016+5.9%
Q4 2015-10.7%
Q3 2015-9.9%
Q2 2015+5.7%
Q1 2015-2.3%
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

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