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Sep 30, 2023
Celcuity Q3 2023 Earnings Report
Reported financial results for the third quarter ended September 30, 2023 and provided other recent corporate updates.
Key Takeaways
Celcuity reported a net loss of $18.4 million, or $0.83 loss per share, for the third quarter of 2023, compared to a net loss of $10.9 million, or $0.75 loss per share, for the third quarter of 2022. Total operating expenses were $18.9 million for the third quarter of 2023, compared to $10.6 million for the third quarter of 2022. At September 30, 2023, Celcuity reported cash, cash equivalents and short-term investments of $133.9 million.
Total operating expenses were $18.9 million for the third quarter of 2023, compared to $10.6 million for the third quarter of 2022.
Research and development (R&D) expenses were $17.5 million for the third quarter of 2023, compared to $9.6 million for the third quarter of 2022.
Net loss for the third quarter of 2023 was $18.4 million, or $0.83 loss per share, compared to a net loss of $10.9 million, or $0.75 loss per share, for the third quarter of 2022.
At September 30, 2023, Celcuity reported cash, cash equivalents and short-term investments of $133.9 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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