NASDAQ$BDTX

Black Diamond Therapeutics I · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Black Diamond Therapeutics reported financial results for the second quarter ended June 30, 2022 and provided a corporate update.

Black Diamond Therapeutics reported a net loss of $22.9 million for the second quarter of 2022. The company's cash, cash equivalents, and investments were approximately $160.9 million as of June 30, 2022, expected to be sufficient to fund operations into the third quarter of 2024.

  • Strengthened leadership team with appointment of Sergey Yurasov, M.D., Ph.D., as Chief Medical Officer
  • Advanced MasterKey therapy pipeline with first patient dosed in Phase 1 global study of BDTX-1535
  • Continued IND-enabling studies of BDTX-4933
  • Cash, cash equivalents and investments of approximately $160.9 million as of June 30, 2022

Headline financials

EPS (adj)

-$0.63

Previous: -$0.95+33.7%
Capital Expenditures

$193K

Previous: $848K-77.2%
Free Cash Flow

-$18.3M

Previous: -$26M+29.8%
Net Income

-$22.9M

Previous: -$34.4M+33.2%
Operating Income

-$23.2M

Previous: -$34.7M+33.2%
Cash & Equivalents

$161M

Previous: $264M-38.9%
Total Assets

$199M

Previous: $288M-30.9%
Stock-Based Comp

$3.25M

Previous: $4.56M-28.7%

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

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 Q2 2022

Historical avgQ2 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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