NYSE$NUVB

Nuvation Bio Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Nuvation Bio reported financial results for the second quarter ended June 30, 2022 and provided a business update.

Nuvation Bio reported a net loss of $34.9 million, or $0.16 per share, for the three months ended June 30, 2022. The company's cash, cash equivalents and marketable securities totaled $703.8 million as of June 30, 2022.

  • Dosing is underway for Phase 1 monotherapy study of NUV-868 in advanced solid tumors.
  • The company has a strong financial position with cash runway through 2028.
  • Cash, cash equivalents and marketable securities totaled $703.8 million as of June 30, 2022.
  • David Liu, M.D., Ph.D., was appointed as Chief Medical Officer in July 2022, and Kerry Wentworth as Chief Regulatory Officer in May 2022.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.16

Previous: -$0.09-77.8%
R&D Expenses

$28.9M

Previous: $14M+105.9%
SG&A Expenses

$8.9M

Previous: $6.4M+39.1%
Net Income

-$34.9M

Previous: -$19.3M-80.5%
Operating Income

-$37.9M

Previous: -$20.4M-85.3%
Cash & Equivalents

$704M

Previous: $450M+56.6%
Total Assets

$720M

Previous: $814M-11.6%
Stock-Based Comp

$4.79M

Previous: $2.15M+122.3%

Revenue & EPS history

Nuvation Bio · Revenue · Quarterly

$0

Q2 2022
Beat estimate in 4 of 4 quarters(100%)
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 Q2 2022

Historical avgQ2 2022

+1.1%

Avg return

Earnings day

+2.7%

Avg return

5 days after

+9.3%

Avg return

30 days after

60%

12 / 20 earnings

Positive

+16.4%

Q3 2023

Best reaction

-25.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%+6.7%+4.9%
Q4 2025-25.2%-21.4%-24.5%
Q3 2025-6.2%-8.5%+60.7%
Q1 2025+3.5%+7.4%+21.6%
Q4 2024+1.0%+0.0%+0.5%
Q3 2024+12.9%+29.7%+22.8%
Q2 2024-11.3%-15.8%-10.4%
Q1 2024-2.1%-1.5%-11.3%
Q4 2023+13.2%+10.7%+84.8%
Q3 2023+16.4%+15.5%+14.7%
Q2 2023+0.5%+12.0%-10.4%
Q1 2023+4.4%+0.6%+6.9%
Q4 2022+1.2%+0.6%+8.4%
Q3 2022-3.7%-7.4%-7.8%
Q2 2022+7.8%+12.1%+26.8%
Q1 2022-1.8%-9.3%-18.4%
Q4 2021-8.3%-13.7%+0.8%
Q3 2021+3.6%+6.2%+4.0%
Q2 2021+8.6%+4.3%+11.1%
Q1 2021+8.9%+26.7%-0.1%

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