NYSE$NUVB

Nuvation Bio Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Nuvation Bio reported financial results for the fourth quarter and full year ended December 31, 2023, and provided a business update.

Nuvation Bio reported a net loss of $13.8 million, or $(0.06) per share, for the three months ended December 31, 2023. The company's cash, cash equivalents and marketable securities totaled $611.2 million as of December 31, 2023.

  • Completed Phase 1 monotherapy study of NUV-868 and determined the MTD.
  • Phase 1b studies of NUV-868 in combination with olaparib or enzalutamide remain ongoing.
  • Received FDA clearance of IND application for NUV-1511.
  • Cash, cash equivalents and marketable securities of $611.2 million as of December 31, 2023.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.06

Previous: -$0.10+40.0%
R&D Expenses

$15.4M

Previous: $16.9M-9.0%
SG&A Expenses

$5.48M

Previous: $7.46M-26.6%
Marketable Securities

$569M

No prior period
Total Current Assets

$616M

No prior period
Total Liabilities

$16.4M

No prior period
Capital Expenditures

-$13K

No prior period
Net Income

-$13.8M

Previous: -$20.8M+33.8%
Operating Income

-$20.8M

Previous: -$24.3M+14.4%
Gross Profit

-$55K

No prior period
R&D Expense

$15.4M

No prior period
Stock-Based Comp

$3.72M

Previous: $4.99M-25.4%

Revenue & EPS history

Nuvation Bio · Revenue · Quarterly

$0

Q4 2023
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 2023

Historical avgQ4 2023

+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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