NASDAQ$AURA

Aura Biosciences Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Aura Biosciences reported financial results for the first quarter ended March 31, 2024, and provided recent business highlights.

Aura Biosciences reported a net loss of $19.7 million for the first quarter of 2024. As of March 31, 2024, the company's cash and cash equivalents and marketable securities totaled $202.9 million, which is expected to fund operations into the second half of 2026. Enrollment continues in the global Phase 3 CoMpass trial for choroidal melanoma, and early Phase 1 data from the bladder cancer trial is expected mid-2024.

  • Enrollment continues in the global Phase 3 CoMpass trial for the treatment of small choroidal melanoma and indeterminate lesions.
  • Aura expects early Phase 1 data from its bladder cancer trial in mid-2024.
  • Cash and cash equivalents and marketable securities totaled $202.9 million as of March 31, 2024.
  • Aura believes its current cash is sufficient to fund operations into the second half of 2026.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.40

Previous: -$0.46+13.0%
R&D Expenses

$17.1M

No prior period
G&A Expenses

$5.26M

No prior period
Interest Income

$2.69M

No prior period
Other Expense

-$32K

No prior period
Income Tax Provision

-$46K

No prior period
Avg. Shares Outstanding

49.5M

No prior period
Unrealized Loss on Securities

-$521K

No prior period
Capital Expenditures

-$88K

Previous: $109K-180.7%
Net Income

-$19.7M

Previous: -$17.5M-12.6%
Operating Income

-$22.3M

Previous: -$19.4M-14.8%
Gross Profit

-$306K

No prior period
R&D Expense

$17.1M

No prior period
Stock-Based Comp

$2.91M

Previous: $1.91M+52.1%

Revenue & EPS history

Aura Biosciences · Revenue · Quarterly

$0

Q1 2024

Forward guidance

Aura Biosciences believes its current cash and cash equivalents and marketable securities are sufficient to fund its operations into the second half of 2026.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+1.3%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-7.0%

Avg return

30 days after

44%

8 / 18 earnings

Positive

+26.0%

Q3 2021

Best reaction

-8.9%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-3.1%-5.5%-24.3%
Q3 2025-0.7%-2.9%+17.4%
Q2 2025+4.2%-3.6%-11.0%
Q1 2025+1.9%-0.5%+6.8%
Q4 2024-6.7%-15.5%-23.2%
Q3 2024-7.3%-15.0%-24.2%
Q1 2024-1.1%+1.9%+1.6%
Q4 2023+2.9%+1.7%-5.4%
Q3 2023+4.5%+8.6%+18.9%
Q2 2023-8.9%-8.8%-16.4%
Q1 2023+0.5%+7.3%+22.4%
Q4 2022-1.0%-1.0%-15.6%
Q3 2022+10.1%+16.4%+4.4%
Q2 2022-0.5%-2.6%-19.0%
Q1 2022+4.9%+8.1%-4.5%
Q2 2021-1.5%+8.7%-21.4%
Q4 2021-1.5%+8.7%-21.4%
Q3 2021+26.0%-1.1%-10.6%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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