LTBR Earnings Prediction
The chart below shows how LTBR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LTBR sees a -12.20% change in stock price 10 days leading up to the earnings, and a -12.37% change 10 days following the report. On the earnings day itself, the stock moves by -1.14%. This data can give you a slight idea of what to expect for the next quarter's release.
LTBR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
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Gross Margin
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Operating Margin
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Net Margin
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EPS
-0.19
-26.67%
11.76%
No Data Available
LTBR Earnings Analysis
Lightbridge Corp. Corporation (LTBR.O) Earnings Conference Call
Positive
Working Capital Position Analysis: The company's working capital position was $25.9 million at September 30, 2024, compared to $28.3 million at December 31, 2023, indicating strong liquidity management.
Strong Balance Sheet: Total assets were $27.6 million and total liabilities were $1.2 million at September 30, 2024, reflecting a solid balance sheet.
Cash Management Analysis: Total cash and cash equivalents were $26.6 million compared to $28.6 million at December 31, 2023, showing effective cash management despite a decrease.
R&D Expense Increase: Total R&D expenses amounted to $1.3 million for the three months ended September 30, 2024, compared to $0.5 million for the same period last year, indicating a significant investment in innovation.
Future Growth Prospects: The company anticipates continued government funding in the future along with new strategic alliances to support its R&D activities, enhancing its growth prospects.
Negative
Quarterly Net Loss Comparison: Net loss was $2.7 million for the third quarter ended September 30, 2024, compared to $1.8 million for the third quarter ended September 30, 2023.
Cash Decrease Analysis: Total cash and cash equivalents were $26.6 million as compared to $28.6 million at December 31, 2023, a decrease of $2 million for the first nine months ended September 30, 2024.
Operating Activities Cash Increase: Total cash used in operating activities for the nine months ended September 30, 2024, was $5.7 million, an increase of $1.5 million compared to the $4.2 million for the nine months ended September 30, 2023.
R&D Expense Increase: Total R&D expenses amounted to $1.3 million for the three months ended September 30, 2024, compared to $0.5 million for the three months ending September 30, 2023, an increase of $0.8 million.
G&A Expense Increase: Total G&A expenses amounted to $1.7 million for the three months ended September 30, 2024, compared to $1.6 million for the three months ended September 30, 2023, an increase of $0.1 million.
LTBR FAQs
How does LTBR typically perform around its earnings report dates?
Is Lightbridge Corporation (LTBR) Q3 2024 Earnings Call Summary positive or negative?
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LTBR Earning Call Sentiment
Lightbridge Corporation (LTBR) Q3 2024 Earnings Call Transcript
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LTBR.O
-9.22%Positive
The earnings call summary indicates several concerns: increased net losses, reduced cash and working capital, and reliance on government funding. Despite advancements in fuel technology and partnerships, competitive pressures and regulatory hurdles remain significant risks. The Q&A section did not provide clarity on management's responses, adding uncertainty. These factors, combined with a lack of positive catalysts, suggest a negative stock price movement in the short term.
