NASDAQ$ACLX

Arcellx Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Arcellx reported financial results and business progress for Q3 2022.

Arcellx reported a net loss of $92.9 million for the third quarter ended September 30, 2022. As of September 30, 2022, Arcellx had cash, cash equivalents, and marketable securities of $280.8 million, which is anticipated to fund its operations for at least the next 12 months.

  • Initiated iMMagine-1 Phase 2 pivotal study for CART-ddBCMA.
  • Longer-term follow-up patient data from the Phase 1 CART-ddBCMA expansion trial will be presented at the 64th ASH Annual Meeting in December.
  • Company to host a live webcast event with an expert panel of clinicians to discuss the clinical results on Sunday, December 11, 2022.
  • Began to operationally scale by initiating clinical sites, enrolling patients and dosing our first patients from Lonza, our pivotal cell manufacturer.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.68

Previous: -$190.26+99.6%
Capital Expenditures

-$1M

Previous: -$216K-363.4%
Free Cash Flow

-$72.8M

Previous: -$12M-506.1%
Net Income

-$92.9M

Previous: -$17.1M-443.4%
Operating Income

-$93.9M

Previous: -$17.1M-448.7%
Cash & Equivalents

$56.8M

Previous: $70M-18.9%
Total Assets

$337M

No prior period
Stock-Based Comp

$5.33M

Previous: $1.86M+186.5%

Revenue & EPS history

Arcellx · Revenue · Quarterly

$0

Q3 2022
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+2.2%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+24.9%

Avg return

30 days after

58%

11 / 19 earnings

Positive

+16.0%

Q2 2024

Best reaction

-4.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-0.2%-0.1%+0.2%
Q3 2025-1.9%+2.2%-21.1%
Q2 2025-0.9%-0.2%+2.1%
Q1 2025-0.2%+10.9%+9.0%
Q4 2024+2.0%+1.2%-19.9%
Q3 2024+10.8%+8.1%-9.1%
Q2 2024+16.0%+19.1%+40.0%
Q1 2024-4.8%-3.1%-2.8%
Q4 2023-2.7%+0.4%+2.9%
Q3 2023+4.3%+21.3%+11.0%
Q2 2023+6.7%+3.3%-0.7%
Q1 2023+2.8%-4.5%-3.7%
Q4 2022+0.9%-2.9%+41.1%
Q3 2022-2.8%-4.9%+47.5%
Q3 2021-2.8%-4.9%+47.5%
Q2 2022+8.4%-4.1%+10.5%
Q1 2022+0.2%-15.5%+174.8%
Q1 2021+0.2%-15.5%+174.8%
Q4 2021+5.9%-8.7%-30.2%
Q4 2020

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro