Recap: Syndax Pharmaceuticals Q1 Earnings


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Shares of Syndax Pharmaceuticals (NASDAQ:SNDX) rose in after-market trading after the company reported Q1 results.

Quarterly Results

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Earnings per share were up 3.57% year over year to ($0.54), which beat the estimate of ($0.65).

Revenue of $379,000 unchanged by 0.00% year over year, which beat the estimate of $220,000.

Guidance

Syndax Pharmaceuticals Sees Q2 Research 7 Development Expenses To be $30M-$35M And FY21 $90M-$100M

Conference Call Details


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Date: May 11, 2021

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/4gwngoxq

Price Action

Company's 52-week high was at $27.85

Company's 52-week low was at $13.02

Price action over last quarter: down 28.18%

Company Profile

Syndax Pharmaceuticals Inc is a clinical stage biopharmaceutical company focused on developing a pipeline of combination therapies in multiple cancer indications. The company's product candidates are entinostat which has direct effects on both cancer cells and immune regulatory cells, and SNDX-6352, an anti-CSF-1R monoclonal antibody, to enhance the body's immune response on tumors that have shown sensitivity to immunotherapy. Business activity of the group is primarily functioned through the region of United States.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsBZI-Recaps