NASDAQ$ZURA
Zura Bio Limited · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Zura Bio reported its financial results for the first quarter of 2024.
Zura Bio reported a net loss of $7.7 million for Q1 2024. The company's cash and cash equivalents were $89.8 million as of March 31, 2024, and they raised gross proceeds of approximately $112.5 million in an oversubscribed private placement.
- Raised gross proceeds of approximately $112.5 million in an oversubscribed private placement.
- Appointed new members to the Executive Management team and Board.
- Cash and cash equivalents were $89.8 million as of March 31, 2024.
- Net loss for the first quarter of 2024 was $7.7 million.
Headline financials
Revenue & EPS history
Zura Bio · Revenue · Quarterly
$0
Forward guidance
Zura Bio is on track to commence a Phase 2 clinical trial in SSc in the fourth quarter of 2024, followed by a Phase 2 clinical trial in HS in the second quarter of 2025. They are actively monitoring Phase 2 and Phase 3 IL-33 external catalysts in asthma and chronic obstructive pulmonary disease.
Tailwinds
- On track to commence a Phase 2 clinical trial in SSc in the fourth quarter of 2024.
- Phase 2 clinical trial in HS in the second quarter of 2025.
- Actively monitoring Phase 2 IL-7R external catalysts in ulcerative colitis.
- Actively monitoring Phase 2 IL-7R external catalysts in atopic dermatitis.
- Actively monitoring Phase 2 IL-7R external catalysts in alopecia areata.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 10 quarterly earnings reports · overlaid with Q1 2024
-1.2%
Avg return
Earnings day
-2.4%
Avg return
5 days after
-3.1%
Avg return
30 days after
36%
4 / 11 earnings
Positive
+22.8%
Q4 2023
Best reaction
-26.0%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -3.2% | -2.9% | -30.5% | |
| Q4 2025 | -9.5% | -17.3% | -13.2% | |
| Q2 2025 | +6.9% | +8.8% | +25.8% | |
| Q1 2025 | -7.6% | -14.2% | +0.0% | |
| Q4 2024 | +4.0% | +5.3% | -33.0% | |
| Q1 2024 | -0.6% | +9.6% | -14.9% | |
| Q4 2023 | +22.8% | +26.3% | +90.1% | |
| Q3 2023 | +2.8% | -1.2% | -4.2% | |
| Q2 2023 | -0.6% | -1.2% | +1.8% | |
| Q1 2023 | -26.0% | -28.5% | -3.0% | |
| Q4 2022 | -1.8% | -11.4% | -52.5% | |
| Q3 2022 | — | — | — | |
| Q2 2022 | — | — | — | |
| Q1 2022 | — | — | — |
Discussion
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