NASDAQ$AVIR

Atea Pharmaceuticals Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Atea Pharmaceuticals reported financial results for the fourth quarter and full year ended December 31, 2022, and provided a business update.

Atea Pharmaceuticals reported its fourth quarter and full year 2022 financial results, highlighting progress in its clinical development programs, particularly for bemnifosbuvir in COVID-19 and HCV treatments. The company is focusing resources on COVID-19 and HCV programs, and has deprioritized the dengue program.

  • Patient enrollment continues in the Phase 3 SUNRISE-3 trial evaluating bemnifosbuvir for COVID-19, with an interim analysis expected in 2H23.
  • A Phase 2 trial evaluating the combination of bemnifosbuvir and ruzasvir for HCV is expected to start enrollment in 2Q23, with initial results expected by 4Q23.
  • Atea has decided to deprioritize the dengue program to focus on COVID-19 and HCV programs.
  • Atea is advancing an internal program focused on the discovery of second-generation protease inhibitors for COVID-19 treatment.

Headline financials

EPS (adj)

-$0.41

Previous: $1.34-130.6%
Free Cash Flow

-$21.5M

Previous: -$75.4M+71.4%
Net Income

-$34.4M

Previous: $117M-129.4%
Operating Income

-$39.9M

Previous: $121M-132.9%
Cash & Equivalents

$647M

Previous: $764M-15.4%
Total Assets

$667M

Previous: $773M-13.7%
Stock-Based Comp

$11.6M

Previous: $11.4M+2.6%

Revenue & EPS history

Atea · Revenue · Quarterly

$0

Q4 2025
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+0.1%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+4.2%

Avg return

30 days after

50%

12 / 24 earnings

Positive

+16.1%

Q1 2021

Best reaction

-16.2%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+11.1%+15.1%+8.7%
Q3 2025-12.1%-12.9%-10.0%
Q2 2025-2.6%+1.2%-2.6%
Q1 2025+2.2%+4.0%+16.4%
Q4 2024-0.3%+3.3%-7.0%
Q3 2024-2.2%-7.0%-17.9%
Q1 2024-8.2%-9.7%-8.4%
Q4 2023-5.5%-11.4%-11.4%
Q3 2023-10.7%-14.0%-10.1%
Q2 2023+4.1%+0.3%-3.5%
Q1 2023-1.2%-3.0%+35.8%
Q4 2022-8.7%-0.8%-8.1%
Q3 2022-12.4%-14.4%-24.0%
Q2 2022-3.5%-4.3%-11.7%
Q1 2022+12.9%+36.8%+52.7%
Q4 2021+1.4%-9.7%+11.1%
Q3 2021+6.5%+6.5%-25.3%
Q2 2021-16.2%-12.9%-13.4%
Q1 2021+16.1%+18.7%+20.4%
Q2 2020+5.3%-1.4%-55.0%
Q4 2020+5.3%-1.4%-55.0%
Q1 2020+7.2%+10.6%+73.1%
Q4 2019+7.2%+10.6%+73.1%
Q3 2020+7.2%+10.6%+73.1%
Q3 2019
Q2 2019
Q1 2019
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015

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