NASDAQ$ZNTL

Zentalis Pharmaceuticals Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Zentalis reported full year financial results and provided operational updates.

Zentalis Pharmaceuticals reported a cash balance of $483 million as of December 31, 2023, projecting a cash runway into 2026. The company is advancing its azenosertib clinical development program and anticipates multiple clinical data readouts in 2024 and 2025, with plans to submit its first NDA in 2026. They also strengthened their management team with key appointments.

  • Azenosertib clinical development plan is ongoing and on track, with multiple clinical catalysts anticipated, including monotherapy and combination data readouts in gynecological and other cancer types during 2024.
  • Diana Hausman, M.D., was appointed as Chief Medical Officer, and Kyle Rasbach, Ph.D., Pharm.D., as Chief Business Officer, strengthening the management team.
  • Cash balance was $483 million as of December 31, 2023, with projected cash runway into 2026.
  • In November 2023, promising clinical data was disclosed demonstrating the potential of azenosertib as an effective monotherapy in ovarian cancer and uterine serous carcinoma.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.83

Previous: -$0.92+9.8%
Capital Expenditures

-$173K

Previous: $160K-208.1%
Net Income

-$292M

Previous: -$48.2M-506.9%
Operating Income

-$300M

Previous: -$51.8M-478.7%
Gross Profit

-$337K

No prior period
R&D Expense

$51.6M

No prior period
Stock-Based Comp

$13.9M

Previous: $9.61M+44.4%

Revenue & EPS history

Zentalis · Revenue · Quarterly

$0

Q4 2023
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-1.4%

Avg return

Earnings day

-2.0%

Avg return

5 days after

+0.8%

Avg return

30 days after

60%

15 / 25 earnings

Positive

+14.5%

Q1 2023

Best reaction

-43.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+3.1%-3.2%
Q1 2026+3.9%-1.7%-15.0%
Q3 2025+6.2%+0.8%+9.8%
Q2 2025+5.1%+2.2%+26.8%
Q1 2025-2.5%+3.3%+10.7%
Q4 2024-12.6%-15.0%-23.5%
Q3 2024-2.7%-13.9%-22.3%
Q2 2024-8.8%-12.5%-10.6%
Q1 2024+6.1%+7.0%-5.5%
Q4 2023+10.0%+8.5%+11.9%
Q3 2023-43.0%-45.0%-33.1%
Q2 2023+5.3%+11.2%-0.5%
Q1 2023+14.5%+22.8%+2.7%
Q4 2022+1.2%-2.1%-9.1%
Q3 2022-14.1%-4.3%-17.4%
Q2 2022-0.1%-7.3%-8.1%
Q1 2022-16.4%-24.7%+1.3%
Q4 2021+7.6%+5.7%-3.2%
Q3 2021+0.8%-1.0%-8.8%
Q2 2021+4.9%+7.1%+39.0%
Q1 2021-4.6%-1.3%-9.0%
Q4 2020+1.4%-0.7%+45.7%
Q3 2020-5.6%-2.1%+36.3%
Q2 2020+1.0%+7.2%-10.6%
Q1 2020+4.5%+8.2%+10.5%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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