Checkpoint Therapeutics Q1 2023 Earnings Report

Checkpoint Therapeutics EPS Results

• Actual EPS: -$0.89
• Consensus EPS: -$0.92
• Beat/Miss: Beat by +$0.03
• One Year Ago EPS: N/A

Checkpoint Therapeutics Revenue Results

• Actual Revenue: $0.04 million
• Expected Revenue: $0.05 million
• Beat/Miss: Missed by -$10.00 thousand
• YoY Revenue Growth: N/A

Checkpoint Therapeutics Announcement Details

• Quarter: Q1 2023
• Date: 5/15/2023
• Time: N/A

Checkpoint Therapeutics (NASDAQ:CKPT), a clinical-stage immunotherapy and targeted oncology company, focuses on the acquisition, development, and commercialization of novel treatments for patients with solid tumor cancers in the United States and internationally. The company's lead antibody product candidate is Cosibelimab, which is in Phase 1 clinical trial to treat patients with selected recurrent or metastatic cancers; and CK-302, a product candidate in preclinical trials for hematological malignancies and solid tumors. It is developing Olafertinib, which is in Phase 3 clinical trials for the treatment of adult patients with metastatic non-small cell lung cancer; CK-103 for the treatment of various advanced and metastatic solid tumor cancers; and Anti-Carbonic Anhydrase IX (CAIX) antibody, a product candidate in preclinical trials to recognize CAIX expressing cells and kill them via antibody-dependent cellular cytotoxicity and complement-dependent cytotoxicity. The company has licensing and collaboration agreements with Adimab, LLC for the development of Cosibelimab; NeuPharma, Inc., to develop and commercialize Olafertinib; and Jubilant Biosys Limited for the development and commercialization of novel compounds that inhibit BET bromodomains. The company was incorporated in 2014 and is based in Waltham, Massachusetts. Checkpoint Therapeutics, Inc. is a subsidiary of Fortress Biotech, Inc.