NASDAQ$ACET

Adicet Bio Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

resTORbio reported financial results for the fourth quarter and full year ended December 31, 2019, and provided a corporate update.

resTORbio reported a net loss of $28.9 million for the fourth quarter of 2019, with R&D expenses at $26.1 million and G&A expenses at $3.3 million. The company's cash, cash equivalents, and marketable securities totaled $91.5 million as of December 31, 2019. The company is focusing on its Phase 1b/2a trial of RTB101 in Parkinson's disease and exploring strategic alternatives to enhance shareholder value.

  • Phase 1b/2a trial of RTB101 alone and in combination with sirolimus in Parkinson’s disease showed that the first 3 dosing regimens were well tolerated and RTB101 300 mg once weekly was observed to cross the blood brain barrier.
  • R&D expenses were $26.1 million for the three months ended December 31, 2019.
  • G&A expenses were $3.3 million for the three months ended December 31, 2019.
  • Net loss was $28.9 million, or $0.79 per share, for the three months ended December 31, 2019.

Headline financials

Total Revenue

$1.97M

Previous: $169M-98.8%
EPS (adj)

-$5.53

Previous: -$0.48-1052.1%
Net Income

-$28.9M

No prior period
Operating Income

-$29.4M

No prior period
Gross Profit

-$222M

No prior period
Cash & Equivalents

$91.5M

No prior period
R&D Expense

$6.52M

No prior period

Revenue & EPS history

Adicet Bio · Revenue · Quarterly

$1.97M

Q4 2019-98.8%vs Q4 2018
Beat estimate in 2 of 15 quarters(13%)
ActualEstimate

Forward guidance

resTORbio expects that current cash, cash equivalents and marketable securities as of December 31, 2019 will be sufficient to fund its operating expenses at least into 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+1.1%

Avg return

Earnings day

+1.2%

Avg return

5 days after

-5.2%

Avg return

30 days after

52%

16 / 31 earnings

Positive

+29.7%

Q4 2021

Best reaction

-9.1%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.4%-5.3%
Q4 2025-3.2%-1.6%-4.0%
Q3 2025-3.6%-6.4%-22.6%
Q1 2025-6.9%-7.5%-7.9%
Q4 2024-2.3%+15.0%-33.8%
Q3 2024+1.5%-3.8%-19.8%
Q2 2024+7.9%+20.5%+20.5%
Q1 2024-2.8%+11.1%+0.7%
Q4 2023+9.7%+12.3%+3.8%
Q3 2023-4.9%-10.3%+4.9%
Q2 2023+6.8%-2.7%-23.2%
Q1 2023+4.1%-4.5%-14.9%
Q4 2022-3.1%-19.5%-29.5%
Q3 2022+1.9%+11.0%+3.8%
Q2 2022-9.1%-11.0%-4.9%
Q1 2022+8.6%+13.1%+9.6%
Q4 2021+29.7%+31.0%+37.6%
Q3 2021+3.2%+0.8%+49.7%
Q2 2021+8.1%-5.9%+6.4%
Q1 2021+1.5%+7.7%-22.5%
Q4 2020-0.7%+6.2%-11.2%
Q3 2020+5.9%+9.2%+22.3%
Q2 2020+0.4%+4.4%-17.3%
Q1 2020+9.1%+10.3%+24.6%
Q4 2019-8.5%-17.1%-6.0%
Q3 2019-5.3%+6.7%-85.2%
Q2 2019-3.5%-3.7%-22.2%
Q1 2019-4.6%-7.3%+1.3%
Q4 2018-8.3%-10.8%-23.3%
Q3 2018-5.8%-5.2%-2.7%
Q2 2018+5.1%-0.9%+9.3%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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