Celldex Therapeutics Inc. Chugs Along in the 3rd Quarter Despite Challenges [The Motley Fool]
Celldex Therapeutics, Inc. (CLDX)
Last celldex therapeutics, inc. earnings: 11/12 08:01 am
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Source: The Motley Fool
The biotech's spending cuts help it preserve cash to fund ongoing clinical studies that are key to its future success. Most of the time when a company reports its quarterly financial results, investors focus on sales and earnings growth compared with the prior-year period. It's different, though, for a clinical-stage biotech like Celldex Therapeutics ( NASDAQ:CLDX ) . In the second quarter, for example, the big story for Celldex focused on the company's spending cuts that allowed it to stretch out its cash stockpile. So when Celldex announced its third-quarter results after the market closed on Wednesday, the standard financial numbers were included -- but they just weren't as important as they'd be for most other companies. Here are the highlights from the biotech's update. Image source: Getty Images. Celldex Therapeutics results: The raw numbers Metric Q3 2018 Q3 2017 Year-Over-Year Change Sales $941,000 $3.92 m
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News
- Celldex Announces Completion of Enrollment in Phase 2 Study of Barzolvolimab in Patients with Chronic Inducible Urticaria [Yahoo! Finance]Yahoo! Finance
- Celldex Announces Completion of Enrollment in Phase 2 Study of Barzolvolimab in Patients with Chronic Inducible UrticariaGlobeNewswire
- Down -17.39% in 4 Weeks, Here's Why You Should You Buy the Dip in Celldex (CLDX) [Yahoo! Finance]Yahoo! Finance
- Celldex Therapeutics, Inc. (NASDAQ: CLDX) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $67.00 price target on the stock.MarketBeat
- Celldex Therapeutics to Participate in the Leerink Partners Global Biopharma ConferenceGlobeNewswire
CLDX
Earnings
- 2/26/24 - Miss
CLDX
Sec Filings
- 3/1/24 - Form 8-K
- 3/1/24 - Form 424B5
- 2/28/24 - Form 424B5
- CLDX's page on the SEC website