NASDAQ$AURA
Aura Biosciences Inc · Q2 2024 earnings
Q2 2024 earnings · · After market close · Investor relations
Briefing
Aura Biosciences Inc reported its Q2 2024 financial results with increased R&D spending on clinical development of bel-sar.
The company continued to advance its Phase 3 trial for bel-sar in early-stage choroidal melanoma while reporting a net loss of $20.3 million for the quarter. Operating expenses rose to $22.8 million driven by higher personnel and development costs. Cash and marketable securities totaled $187.4 million providing runway into the second half of 2026.
- Net loss widened to $20.3 million from $18.3 million in Q2 2023 due to increased clinical trial activity.
- R&D expenses increased 12% year-over-year to $16.9 million reflecting Phase 3 progress.
- Cash position of $187.4 million supports operations through at least mid-2026.
- No revenue generated as the company remains in clinical-stage development.
Headline financials
Revenue & EPS history
Aura Biosciences · Revenue · Quarterly
$0
Forward guidance
The company expects continued investment in clinical development and manufacturing scale-up with cash runway into the second half of 2026.
Tailwinds
- Strong cash position supports ongoing Phase 3 trial and pipeline expansion.
- Fast Track and Orphan Drug designations provide regulatory advantages.
Headwinds
- No near-term revenue expected until potential commercialization.
- Clinical and regulatory risks remain for lead candidate bel-sar.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports
+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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2024 | — | — | — | |
| 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 | — | — | — |
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