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Arcutis to Report Third Quarter 2023 Financial Results

Key Takeaway: Arcutis Biotherapeutics, Inc. announced it will hold a conference call on November 3, 2023, to report its third quarter financial results and provide a business update. This early commercial-stage company is dedicated to developing innovative therapies for immune-mediated dermatological conditions, supported by a strong clinical pipeline. The call will include a live webcast, which will later be archived on the company's investor website. Arcutis has cautioned investors about inherent risks associated with forward-looking statements related to its operational progress and regulatory processes.
Price reaction · baseline $2.39 (2023-10-24 close) · hit after-hours · clean, no other ARQT news in the window
day 0 close · peak
-0.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Arcutis is focused on meaningful innovations in immuno-dermatology.
  • The company has a robust pipeline with multiple clinical programs.
  • Arcutis is committed to addressing patient challenges in dermatology.

CONCERNS & RISKS

  • There are substantial known and unknown risks associated with clinical development.
  • Uncertainties exist regarding the timing of regulatory events and commercialization efforts.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+48%
120-day peak, hindsight
Typical move
7.6%
average across 14 past catalysts
Lead asset
ARQ-151- 0.3%
Phase 1 · Plaque Psoriasis

Full Press Release Details

WESTLAKE VILLAGE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), an early commercial-stage company focused on developing meaningful innovations in immuno-dermatology, today announced that it will host a conference call and webcast at 8:30 a.m. ET on Friday, November 3, 2023 to report its third quarter financial results and provide a business update.
A live webcast of the call and the presentation material will be available on the “Events” section of the Company’s investor website. An archived replay of the webcast will be available on the Arcutis investor website following the conference.
Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is an early commercial-stage medical dermatology company that champions meaningful innovation to address the urgent needs of individuals living with immune-mediated dermatological diseases and conditions. With a commitment to solving the most persistent patient challenges in dermatology, Arcutis has a growing portfolio that harnesses our unique dermatology development platform coupled with our dermatology expertise to build differentiated therapies against biologically validated targets. Arcutis’ dermatology development platform includes a robust pipeline with multiple clinical programs for a range of inflammatory dermatological conditions including scalp and body psoriasis, atopic dermatitis, seborrheic dermatitis, and alopecia areata. For more information, visit www.arcutis.com or follow Arcutis on LinkedIn, Facebook, and X.
Forward-Looking Statements
Arcutis cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These statements are based on the Company’s current beliefs and expectations. Such forward-looking statements include, among others, statements regarding the Company’s potential to address urgent needs and expectations with regard to the timing of data and regulatory events. These statements involve substantial known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements and you should not place undue reliance on our forward-looking statements. Risks and uncertainties that may cause our actual results to differ include risks inherent in the clinical development process and regulatory approval process, the timing of regulatory filings, the timing and expenses of commercialization efforts, and our ability to defend our intellectual property. For a further description of the risks and uncertainties applicable to our business, see the “Risk Factors” section of our Form 10-K filed with U.S. Securities and Exchange Commission (SEC) on February 28, 2023, as well as any subsequent filings with the SEC. You should not place undue reliance on any forward-looking statements in this press release. We undertake no obligation to revise or update information herein to reflect events or circumstances in the future, even if new information becomes available. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Frequently Asked Questions

When is Arcutis' conference call scheduled?

The conference call is on November 3, 2023, at 8:30 a.m. ET.

Where can I access Arcutis’ conference call webcast?

You can find the live webcast in the 'Events' section of their investor website.

What conditions does Arcutis focus on?

Arcutis specializes in immune-mediated dermatological diseases, including psoriasis and dermatitis.

How can I learn more about Arcutis?

Visit Arcutis' website at www.arcutis.com or follow them on social media.

What should I know about Arcutis' forward-looking statements?

These statements involve risks and uncertainties that could affect actual results.

Last updated: Oct 25, 2023