NASDAQ$BDTX

Black Diamond Therapeutics I · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Black Diamond Therapeutics' financial position was strengthened with cash runway extended into the third quarter of 2024, and the first patient was dosed in Phase 1 Study of BDTX-1535.

Black Diamond Therapeutics reported its Q1 2022 financial results, highlighting the dosing of the first patient in the Phase 1 study of BDTX-1535 and the extension of the cash runway into Q3 2024 through pipeline prioritization and resource realignment. The company's cash, cash equivalents, and investments amounted to approximately $179.7 million as of March 31, 2022.

  • First patient dosed in Phase 1 Study of BDTX-1535 for GBM and NSCLC.
  • Strategic focus on development of BDTX-1535, BDTX-4933, and MAP drug discovery engine.
  • Financial position strengthened, extending cash runway into Q3 2024.
  • Cash, cash equivalents, and investments of approximately $179.7 million as of March 31, 2022.

Headline financials

EPS (adj)

-$0.70

Previous: -$0.84+16.7%
Capital Expenditures

$7K

Previous: -$40K+117.5%
Free Cash Flow

-$28.6M

Previous: -$30.3M+5.7%
Net Income

-$25.5M

Previous: -$30.3M+15.8%
Operating Income

-$25.7M

Previous: -$30.7M+16.4%
Cash & Equivalents

$180M

Previous: $290M-38.1%
Total Assets

$219M

Previous: $313M-29.9%
Stock-Based Comp

$3.38M

Previous: $3.09M+9.1%

Revenue & EPS history

Black Diamond Therapeutics · Revenue · Quarterly

$0

Q1 2026-100%vs Q1 2025
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Following the Company’s pipeline prioritization and workforce realignment announcement in April 2022, Black Diamond has extended its cash runway which is expected to be sufficient to fund its anticipated operating expenses and expenditure requirements into the third quarter of 2024.

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 Q1 2022

Historical avgQ1 2022

-1.4%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-1.6%

Avg return

30 days after

40%

10 / 25 earnings

Positive

+15.6%

Q4 2019

Best reaction

-19.6%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.5%+0.0%-30.5%
Q4 2025+2.4%-3.7%+33.3%
Q3 2025-8.1%-1.5%-31.4%
Q1 2025+2.1%+5.2%+19.7%
Q4 2024-1.8%+4.1%-15.8%
Q3 2024+10.0%+10.0%-21.4%
Q2 2024-14.0%-12.5%+5.3%
Q1 2024-12.0%-17.3%-25.2%
Q4 2023+4.8%+19.7%+39.3%
Q3 2023-4.2%-6.3%+24.7%
Q2 2023-3.5%-9.7%+2.3%
Q1 2023-2.1%-1.6%+11.5%
Q4 2022-19.6%+3.6%-3.0%
Q3 2022-2.7%+13.6%-28.1%
Q2 2022+4.5%+4.3%-21.8%
Q1 2022-9.4%-8.4%+5.4%
Q4 2021+8.2%+7.8%+16.4%
Q3 2021+2.0%-4.0%-22.8%
Q2 2021-1.8%-1.3%+4.3%
Q1 2021-4.0%+9.0%-50.3%
Q4 2020+2.1%+0.7%+19.0%
Q3 2020+9.2%+3.2%+8.1%
Q2 2020-9.2%-11.4%-11.6%
Q1 2020-1.1%-5.4%-19.5%
Q4 2019+15.6%+0.4%+51.7%
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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