NYSE$NUVB

Nuvation Bio Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported financial results for Q4 and full year 2022 and provided a business update.

Nuvation Bio reported its Q4 and full year 2022 financial results, highlighting the initiation of dosing in the Phase 1b study of NUV-868 and a strong cash position of $661.0 million.

  • Dosed first patient in both regimens of Phase 1b study of NUV-868 with olaparib or enzalutamide.
  • Dosing is ongoing in the Phase 1 monotherapy study of NUV-868.
  • Nominated an undisclosed Drug-Drug Conjugate (DDC) as the first clinical candidate.
  • Cash, cash equivalents, and marketable securities totaled $661.0 million as of December 31, 2022.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.10

Previous: -$0.12+16.7%
R&D Expenses

$16.9M

Previous: $22M-23.3%
SG&A Expenses

$7.46M

Previous: $7.61M-1.9%
Net Income

-$20.8M

Previous: -$25.1M+17.1%
Operating Income

-$24.3M

Previous: -$29.6M+17.8%
Cash & Equivalents

$101M

Previous: $132M-23.7%
Total Assets

$672M

Previous: $776M-13.4%
Stock-Based Comp

$4.99M

Previous: $2.8M+78.1%

Revenue & EPS history

Nuvation Bio · Revenue · Quarterly

$0

Q4 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 Q4 2022

Historical avgQ4 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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