NASDAQ$CNTA

Centessa Pharmaceuticals plc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported financial results and business highlights.

Centessa Pharmaceuticals reported its financial results for the second quarter ended June 30, 2023. The company's cash, cash equivalents, and short-term investments totaled $303.6 million as of June 30, 2023, with a net loss attributable to ordinary shareholders of $24.9 million for the second quarter.

  • Enrollment and dosing ongoing in registrational study of SerpinPC for the treatment of hemophilia B
  • Enrollment and dosing ongoing in Phase 1/2a Study of LB101, a PD-L1xCD47 LockBody® for the treatment of solid tumors
  • IND-enabling activities advancing for ORX750, an oral selective orexin receptor 2 (OX2R) agonist for the treatment of narcolepsy and other sleep disorders
  • Nominated second LockBody candidate, LB206, a conditionally bivalent PD-L1xCD3 bispecific monoclonal antibody

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.26

Previous: -$0.69+62.3%
Capital Expenditures

$10K

Previous: $229K-95.6%
Free Cash Flow

-$44.1M

Previous: -$60.1M+26.7%
Net Income

-$24.9M

Previous: -$64.7M+61.5%
Operating Income

-$47M

Previous: -$68.4M+31.3%
Cash & Equivalents

$145M

Previous: $484M-70.0%
Total Assets

$393M

Previous: $521M-24.6%
Stock-Based Comp

$7.21M

Previous: $5.6M+28.7%

Revenue & EPS history

Centessa · Revenue · Quarterly

$0

Q2 2023
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

Centessa Pharmaceuticals has line of sight to multiple potential clinical milestones expected over the next several quarters and with a cash runway into 2026, they believe they are well positioned to advance their pipeline of potentially transformative medicines and deliver value for their stakeholders.

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 2023

Historical avgQ2 2023

+1.0%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+4.0%

Avg return

30 days after

55%

11 / 20 earnings

Positive

+19.4%

Q2 2024

Best reaction

-14.6%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%-0.3%+0.3%
Q4 2025-4.2%+6.1%+45.9%
Q3 2025-5.2%-5.9%+26.0%
Q1 2025-1.2%-1.6%-0.6%
Q4 2024-4.9%-12.3%-18.2%
Q3 2024+8.1%-4.4%+0.8%
Q2 2024+19.4%+18.5%+43.1%
Q1 2024+0.8%-1.1%+8.1%
Q4 2023-0.2%+2.1%-19.6%
Q3 2023+6.8%+13.4%+7.1%
Q2 2023+3.6%-4.2%+1.0%
Q1 2023+0.2%+0.9%-0.4%
Q4 2022-1.3%-3.1%+21.0%
Q3 2022+5.3%+4.7%+15.1%
Q2 2022-14.6%-22.4%-19.4%
Q1 2022+2.0%-15.7%-21.1%
Q4 2021-0.2%+9.6%-3.0%
Q3 2021+2.5%+9.3%-9.9%
Q1 2021+1.7%+3.4%+2.1%
Q2 2021+1.7%+3.4%+2.1%
Q4 2020

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