NASDAQ$ATRA

Atara Biotherapeutics Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Atara Biotherapeutics reported financial results and operational progress for Q3 2022.

Atara Biotherapeutics announced a positive CHMP opinion for Ebvallo and continues to advance its pipeline, including ATA188 for progressive MS. The company's cash, cash equivalents, and short-term investments totaled $265.4 million as of September 30, 2022. Net loss for the quarter was $84.1 million, or $0.82 per share.

  • Received positive CHMP opinion for Ebvallo, positioning it as a potential first-ever approved allogeneic off-the-shelf T-cell therapy.
  • Presented new biomarker imaging data for ATA188 showing less brain atrophy and potential remyelination in patients with progressive MS.
  • Phase 1 study of ATA2271 enrollment resumed.
  • Atara believes that its cash and investments as of September 30, 2022 will be sufficient to fund the Company’s planned operations into Q1 2024

Headline financials

Total Revenue

$4.46M

Previous: $5.37M-17.0%
EPS (adj)

-$20.50

Previous: -$22.50+8.9%
Capital Expenditures

$132K

Previous: $3.86M-96.6%
Free Cash Flow

-$65.2M

Previous: -$62.8M-3.7%
Net Income

-$84.1M

Previous: -$84.7M+0.7%
Operating Income

-$84.6M

Previous: -$84.8M+0.2%
Gross Profit

$318K

No prior period
Cash & Equivalents

$65.1M

Previous: $357M-81.8%
Total Assets

$368M

Previous: $450M-18.1%
Stock-Based Comp

$14M

Previous: $13.8M+1.9%

Revenue & EPS history

Atara · Revenue · Quarterly

$4.46M

Q3 2022-17%vs Q3 2021
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Forward guidance

Atara believes that its cash and investments as of September 30, 2022, together with potential cash inflows from Pierre Fabre and the expected reductions in operating cash burn, will be sufficient to fund the Company’s planned operations into Q1 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 Q3 2022

Historical avgQ3 2022

-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

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