NASDAQ$ATRA

Atara Biotherapeutics Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported financial results for the first quarter and provided operational progress updates.

Atara Biotherapeutics reported a net loss of $74.8 million for Q1 2023, with cash, cash equivalents, and short-term investments totaling $205.4 million. The company believes its current cash resources will fund planned operations into Q2 2024. Discussions with the FDA regarding tab-cel are progressing, and the first patients in Europe have been treated with EBVALLO following the transfer of EC Marketing Authorization to Pierre Fabre.

  • First patients in Europe treated with EBVALLO following transfer of EC Marketing Authorization to Pierre Fabre.
  • Discussions with FDA progressing regarding tab-cel.
  • ATA188 Phase 2 EMBOLD study primary data readout on-track for October 2023.
  • ATA3219 IND filing anticipated end of Q2 2023.

Headline financials

Total Revenue

$1.23M

Previous: $7.31M-83.2%
EPS (adj)

-$18.00

Previous: -$21.75+17.2%
Capital Expenditures

-$399K

Previous: $2.61M-115.3%
Free Cash Flow

-$75.2M

Previous: -$87.1M+13.7%
Net Income

-$74.8M

Previous: -$88.1M+15.1%
Operating Income

-$75M

Previous: -$88.2M+15.0%
Gross Profit

$1.8M

Previous: $5.09M-64.6%
Cash & Equivalents

$48.7M

Previous: $102M-52.1%
Total Assets

$302M

Previous: $397M-24.0%
Stock-Based Comp

$11.8M

Previous: $14.3M-17.9%

Revenue & EPS history

Atara · Revenue · Quarterly

$1.23M

Q1 2023-83.2%vs Q1 2022
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Forward guidance

Atara believes that its cash and investments as of March 31, 2023, will be sufficient to fund the Company’s planned operations into Q2 2024

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 2023

Historical avgQ1 2023

-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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