NASDAQ$VXRT

Vaxart Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Announced business update and financial results for the third quarter of 2024.

Vaxart reported its Q3 2024 financial results, highlighting the ongoing progress with the COVID-19 vaccine program, including the near completion of enrollment for the sentinel cohort in the Phase 2b study. The company also received feedback from the FDA on its norovirus program and is evaluating next steps.

  • Sentinel cohort dosing was successfully initiated, keeping the company on track with BARDA contract milestones.
  • Enrollment of the sentinel cohort is expected to be completed in November 2024.
  • Constructive feedback was received from the FDA on the norovirus program, and next steps are being evaluated.
  • Potentially more potent norovirus GI.1 and GII.4 constructs were created by the scientific team.

Headline financials

Total Revenue

$4.93M

Previous: $2.1M+134.8%
EPS

-$0.06

Previous: -$0.11+45.5%
R&D Expenses

$15.1M

No prior period
G&A Expenses

$4.34M

No prior period
Capital Expenditures

-$510K

Previous: -$1.98M+74.2%
Free Cash Flow

-$14.6M

Previous: -$19.4M+24.7%
Net Income

-$14.1M

Previous: -$17.4M+19.1%
Operating Income

-$14.5M

Previous: -$17.8M+18.8%
Gross Profit

$4.93M

Previous: -$754K+754.2%
R&D Expense

$15.1M

Previous: $15M+0.4%
Stock-Based Comp

$2.48M

Previous: $3.84M-35.6%

Revenue & EPS history

Vaxart · Revenue · Quarterly

$4.93M

Q3 2024+134.8%vs Q3 2023
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

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

Historical avgQ3 2024

-1.4%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-3.7%

Avg return

30 days after

37%

23 / 62 earnings

Positive

+22.7%

Q1 2024

Best reaction

-23.1%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.4%-8.8%-19.5%
Q4 2025-13.0%-14.9%-14.9%
Q3 2025+11.6%+5.4%+0.0%
Q1 2025-0.7%+19.0%+66.7%
Q4 2024-9.1%-19.3%-40.4%
Q3 2024-12.8%-15.3%-18.1%
Q2 2024-2.7%+0.0%+48.3%
Q1 2024+22.7%+35.2%+7.0%
Q4 2023-4.4%+2.7%-19.5%
Q3 2023+8.4%+12.3%+12.3%
Q2 2023+1.3%-3.9%+9.2%
Q1 2023+0.0%+0.0%+44.8%
Q4 2022+0.0%-10.1%-16.5%
Q3 2022-11.9%+16.1%-20.3%
Q2 2022+3.4%+1.2%-31.1%
Q1 2022-9.6%-6.2%+5.1%
Q4 2021+18.9%+12.8%+13.9%
Q3 2021-8.0%-6.7%-12.9%
Q2 2021+5.4%+11.6%+4.9%
Q1 2021-18.7%-33.2%-31.7%
Q4 2020-2.6%-2.7%-18.4%
Q3 2020+10.0%+23.0%+61.4%
Q2 2020-4.9%+11.3%-49.0%
Q1 2020+1.1%-2.1%-20.7%
Q4 2019-23.1%-27.4%-15.0%
Q3 2019-2.9%-11.4%-8.6%
Q2 2019+21.1%+17.5%+22.8%
Q1 2019+8.5%+9.9%-8.5%
Q4 2018-9.5%-12.2%-25.3%
Q3 2018-15.8%-12.1%+0.7%
Q2 2018+0.6%-1.0%+0.3%
Q1 2018-5.3%-1.8%+1.8%
Q4 2017+4.8%+0.0%+9.5%
Q3 2017-2.0%+0.0%-6.0%
Q2 2017-1.7%-1.7%-46.6%
Q1 2017-8.3%-4.1%-33.2%
Q4 2016+0.0%+11.3%+12.0%
Q3 2016-3.1%
Q2 2016-15.2%
Q1 2016+7.6%
Q4 2015-4.6%
Q3 2015-3.1%
Q2 2015-2.4%
Q4 2014-0.8%
Q1 2015-0.8%
Q3 2014-6.3%
Q2 2014+0.2%
Q1 2014+1.5%
Q4 2013+1.5%
Q3 2013-0.8%
Q2 2013+2.6%
Q1 2013+0.6%
Q4 2012-1.8%
Q3 2012+1.1%
Q4 2011+0.0%
Q3 2011-1.0%
Q2 2010-5.2%
Q2 2011-5.2%
Q1 2011+0.9%
Q4 2010+2.0%
Q3 2010+0.2%
Q1 2010-7.0%

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