NASDAQ$ATRA

Atara Biotherapeutics Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported financial results for the second quarter 2023 and provided recent business highlights.

Atara Biotherapeutics reported a net loss of $71.1 million for the second quarter of 2023. They announced IND clearance for ATA3219. Discussions with the FDA and potential commercial partners for tab-cel in the U.S. are progressing well.

  • IND clearance received for ATA3219, an allogeneic CAR-T cell product candidate.
  • Discussions with the FDA and potential commercial partners for tab-cel in the U.S. are progressing well.
  • Primary analysis of the EMBOLD Phase 2 study in progressive MS, with clinical and biomarker data from more than 90 patients will occur in early November.
  • Patients in Europe are now receiving treatment with EBVALLO in the commercial setting.

Headline financials

Total Revenue

$957K

Previous: $51.6M-98.1%
EPS (adj)

-$17.00

Previous: -$7.75-119.4%
Capital Expenditures

-$898K

Previous: $1.42M-163.3%
Free Cash Flow

-$72M

Previous: -$65.4M-10.1%
Net Income

-$71.1M

Previous: $18.5M-484.4%
Operating Income

-$71.4M

Previous: -$32.1M-122.3%
Gross Profit

$1.7M

Previous: -$13.3M+112.7%
Cash & Equivalents

$45.9M

Previous: $70.7M-35.1%
Total Assets

$246M

Previous: $436M-43.5%
Stock-Based Comp

$12.6M

Previous: $14.1M-11.1%

Revenue & EPS history

Atara · Revenue · Quarterly

$957K

Q2 2023-98.1%vs Q2 2022
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Forward guidance

Atara believes that its cash and investments as of June 30, 2023, will be sufficient to fund the Company’s planned operations into second quarter 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 Q2 2023

Historical avgQ2 2023

-2.0%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-2.6%

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%
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

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