NASDAQ$ATRA

Atara Biotherapeutics Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Atara reported financial results for the first quarter of 2022 and provided recent business highlights.

Atara Biotherapeutics reported a net loss of $88.1 million, or $0.87 per share, for the first quarter of 2022. As of March 31, 2022, cash, cash equivalents, and short-term investments totaled $301.8 million, excluding the $100 million upfront payment from FUJIFILM Diosynth Biotechnologies (FDB) received in April.

  • Anticipated European Commission approval for Tab-cel remains on track for Q4 2022, with ongoing dialogue with the FDA.
  • Cash, cash equivalents and short-term investments totaled $301.8 million as of March 31, 2022.
  • FDA Fast-Track Designated ATA188 interim analysis on-track for June 2022.
  • Cash is expected to fund planned operations into Q4 2023, following the sale of the cell therapy manufacturing facility to FUJIFILM for $100 million.

Headline financials

Total Revenue

$7.31M

Previous: $3.55M+105.9%
EPS (adj)

-$21.75

Previous: -$21.50-1.2%
Capital Expenditures

$2.61M

No prior period
Free Cash Flow

-$87.1M

No prior period
Net Income

-$88.1M

Previous: -$78.3M-12.5%
Operating Income

-$88.2M

Previous: -$78.2M-12.7%
Gross Profit

$5.09M

No prior period
Cash & Equivalents

$102M

Previous: $151M-32.7%
Total Assets

$397M

No prior period
Stock-Based Comp

$14.3M

No prior period

Revenue & EPS history

Atara · Revenue · Quarterly

$7.31M

Q1 2022+105.9%vs Q1 2021
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

Atara believes that its cash as of March 31, 2022, together with the $100.0 million received from FDB on April 4, 2022, will be sufficient to fund the Company’s planned operations into the fourth quarter of 2023

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 Q1 2022

Historical avgQ1 2022

-2.0%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-2.1%

Avg return

30 days after

37%

17 / 46 earnings

Positive

+36.3%

Q2 2022

Best reaction

-24.2%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+11.5%+9.6%+17.2%
Q4 2025-0.6%-16.4%-10.7%
Q3 2025-1.3%+4.3%+43.3%
Q1 2025+4.8%+6.8%+6.3%
Q4 2024+3.9%-9.2%+10.6%
Q3 2024+21.2%+2.0%-7.0%
Q2 2024+5.8%-7.5%+9.6%
Q1 2024-6.3%+6.9%-6.5%
Q4 2023+3.6%+4.0%-1.4%
Q3 2023-7.8%+2.3%-49.8%
Q2 2023-16.4%-7.1%-31.6%
Q1 2023-16.2%-26.5%-43.3%
Q4 2022-12.6%-18.7%-48.2%
Q3 2022-18.0%+8.5%+0.2%
Q2 2022+36.3%+69.8%+32.3%
Q1 2022-5.3%-22.2%-29.7%
Q4 2021-22.6%-32.9%-30.4%
Q3 2021-3.1%-4.4%-8.9%
Q2 2021+0.8%-1.5%+17.9%
Q1 2021-3.9%-3.3%-5.1%
Q4 2020+1.0%-4.2%-14.4%
Q3 2020-5.9%+9.0%+72.0%
Q2 2020+1.9%+3.5%+4.8%
Q1 2020+4.9%+17.5%+11.7%
Q4 2019+8.8%+11.5%-24.4%
Q3 2019+10.2%+6.9%+15.0%
Q2 2019+10.6%+17.3%+16.4%
Q1 2019-24.2%-27.1%-35.6%
Q4 2018-13.3%-8.5%-7.4%
Q3 2018-1.9%-3.5%+5.7%
Q2 2018-2.1%+0.5%+9.1%
Q1 2018-5.8%+1.7%+0.6%
Q4 2017-10.6%-8.6%-9.5%
Q3 2017-6.3%-4.9%+3.1%
Q2 2017-3.3%-3.6%-1.3%
Q1 2017-5.1%-7.0%-10.2%
Q4 2016+21.4%+16.8%-1.2%
Q3 2016+17.2%+45.6%+32.6%
Q2 2016-9.5%-14.7%-14.3%
Q1 2016-5.5%
Q4 2015-18.5%
Q3 2015+4.7%
Q2 2015-11.4%
Q1 2015-1.7%
Q4 2014-5.9%
Q3 2014-15.5%
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013

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