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Cytokinetics Q4 2023 Earnings Report

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$48.87 +2.13 (+4.56%)
(As of 12/20/2024 05:31 PM ET)

Cytokinetics EPS Results

Actual EPS
-$1.38
Consensus EPS
-$1.03
Beat/Miss
Missed by -$0.35
One Year Ago EPS
-$1.45

Cytokinetics Revenue Results

Actual Revenue
$1.70 million
Expected Revenue
$7.62 million
Beat/Miss
Missed by -$5.92 million
YoY Revenue Growth
-10.50%

Cytokinetics Announcement Details

Quarter
Q4 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Cytokinetics Earnings Headlines

Why Cytokinetics Stock Was a Nearly 5% Winner Today
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Cytokinetics price target raised to $82 from $80 at RBC Capital
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About Cytokinetics

Cytokinetics (NASDAQ:CYTK), a late-stage biopharmaceutical company, focuses on discovering, developing, and commercializing muscle activators and inhibitors as potential treatments for debilitating diseases. The company develops small molecule drug candidates primarily engineered to impact muscle function and contractility. Its drug candidates include omecamtiv mecarbil, a novel cardiac myosin activator that is in Phase III clinical trial in patients with heart failure. The company also develops CK-136, a novel cardiac troponin activator that is in Phase I clinical trial; CK-586, a small molecule cardiac myosin inhibitor, that is in Phase I clinical trial; and aficamten, a novel cardiac myosin inhibitor, which is in Phase III clinical trial for the treatment of patients with symptomatic obstructive hypertrophic cardiomyopathy. Cytokinetics, Incorporated has a strategic alliance with Ji Xing Pharmaceuticals Limited. The company was incorporated in 1997 and is headquartered in South San Francisco, California.

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