NASDAQ$ADPT

Adaptive Biotechnologies Corporation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Adaptive Biotechnologies reported a 41% increase in revenue for the fourth quarter of 2019, reaching $24.2 million, driven by growth in both sequencing and development revenue.

Adaptive Biotechnologies reported strong topline growth in commercial products and critical progress in advancing clinical product pipeline for Q4 2019. Total revenue reached $24.2 million, a 41% increase year-over-year. The company is focused on building commercial infrastructure and expanding R&D resources for immunoSEQ Dx and the Genentech alliance in 2020.

  • Revenue of $24.2 million, representing a 41% increase compared to the fourth quarter of 2018.
  • Clinical tests for clonoSEQ increased 66% compared to the fourth quarter 2018.
  • Initiated two additional pharma partnerships with AbbVie and Genentech to measure MRD using the clonoSEQ assay.
  • Delivered a data package to Genentech for the company’s first selected T-cell receptor candidate.

Headline financials

Total Revenue

$24.2M

Previous: $17.2M+40.8%
EPS (adj)

-$0.17

Previous: -$0.13-35.6%
clonoSEQ Tests Delivered

3.2K

Previous: 1.9K+66.0%
Net Income

-$20.6M

Previous: -$13.3M-55.3%
Operating Income

-$24.2M

Previous: -$14.1M-71.0%
Cash & Equivalents

$96.6M

No prior period
Total Assets

$912M

No prior period

Revenue & EPS history

Adaptive Biotechnologies · Revenue · Quarterly

$24.2M

Q4 2019+40.8%vs Q4 2018
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Revenue by segment

Adaptive Biotechnologies · $58.9M total across 2 segments · Q2 2025

  • MRD
    $49.9M—
  • Immune Medicine
    $8.94M—

Forward guidance

Management will provide the 2020 revenue outlook on the conference call scheduled to discuss the 2019 financial results.

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

+1.3%

Avg return

Earnings day

+0.0%

Avg return

5 days after

-0.9%

Avg return

30 days after

48%

13 / 27 earnings

Positive

+33.2%

Q1 2025

Best reaction

-22.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026+1.2%-1.9%+22.6%
Q4 2025-4.3%-5.2%-9.8%
Q3 2025-4.8%-6.8%-5.2%
Q1 2025+33.2%+19.7%+29.3%
Q4 2024-3.2%+6.8%-6.7%
Q3 2024+1.2%+3.1%+9.0%
Q2 2024-5.5%+1.3%+3.3%
Q1 2024-1.2%+8.7%+21.1%
Q4 2023+9.4%+6.4%-10.5%
Q3 2023-22.2%-9.3%+4.4%
Q2 2023-15.5%-18.8%-17.5%
Q1 2023-8.3%-5.8%+6.4%
Q4 2022+15.4%+9.3%-3.3%
Q3 2022+13.2%-0.9%+14.1%
Q2 2022+19.3%+22.8%-8.4%
Q1 2022-1.1%-19.2%-22.5%
Q4 2021+5.3%-8.0%-15.3%
Q3 2021+6.7%+5.7%-26.6%
Q2 2021+4.8%-2.4%+9.8%
Q1 2021+0.9%-11.2%-1.0%
Q4 2020-2.6%+2.0%-32.8%
Q3 2020+8.0%+2.1%+14.9%
Q2 2020-3.8%+2.8%+0.2%
Q1 2020-6.7%-0.2%+9.9%
Q4 2019-5.6%-10.7%-15.4%
Q3 2019-3.7%+0.7%+11.8%
Q2 2019+3.5%+9.7%-5.4%
Q1 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———

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