NASDAQ$CRSP

CRISPR Therapeutics AG · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

CRISPR Therapeutics reported financial results for the first quarter ended March 31, 2021.

CRISPR Therapeutics reported a net loss of $113.2 million for the first quarter of 2021, compared to a net loss of $69.7 million for the first quarter of 2020. Total collaboration revenue was $0.2 million for the first quarter of 2021, consistent with the first quarter of 2020. Cash, cash equivalents and marketable securities were $1,806.2 million as of March 31, 2021, compared to $1,690.3 million as of December 31, 2020.

  • Granted Priority Medicines designation by the European Medicines Agency for CTX001™ for transfusion-dependent beta thalassemia (TDT)
  • More than 30 patients have been dosed with CTX001 across CLIMB-Thal-111 and CLIMB-SCD-121 to date; completion of enrollment in both trials is expected in 2021
  • Enrollment ongoing in CTX110™, CTX120™ and CTX130™ clinical trials
  • Revised agreement with Vertex for CTX001 streamlines operations and allows further investment in innovation

Headline financials

Total Revenue

$539K

Previous: $157K+243.3%
EPS (adj)

-$1.51

Previous: -$1.15-31.3%
Capital Expenditures

-$7.02M

Previous: -$2.99M-134.8%
Free Cash Flow

-$120M

Previous: -$72.7M-65.3%
Net Income

-$113M

Previous: -$69.7M-62.3%
Operating Income

-$115M

Previous: -$73.6M-55.7%
Gross Profit

-$19.7M

Previous: $157K-12675.2%
Cash & Equivalents

$1.13B

Previous: $890M+26.6%
Total Assets

$1.96B

Previous: $1.01B+94.4%
Stock-Based Comp

$22.1M

Previous: $14.2M+56.1%

Revenue & EPS history

CRISPR Therapeutics · Revenue · Quarterly

$539K

Q1 2021+243.3%vs Q1 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

CRISPR Therapeutics · $337K total across 1 segment · Q1 2021

  • Grant Revenue
    $337K

Forward guidance

The company expects to disclose data on multiple programs in 2021 and is continuing to execute on its earlier stage pipeline, looking forward to bringing regenerative medicine and in vivo programs to the clinic.

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 2021

Historical avgQ1 2021

+2.1%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+1.4%

Avg return

30 days after

48%

19 / 40 earnings

Positive

+22.8%

Q3 2019

Best reaction

-7.7%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.1%+2.4%+6.3%
Q4 2025+1.2%+10.0%+0.9%
Q3 2025-1.0%-4.7%+4.5%
Q1 2025-0.1%-3.2%+7.2%
Q4 2024-2.8%-8.3%-18.2%
Q3 2024+0.3%+2.0%-2.1%
Q2 2024-3.5%-8.0%-11.9%
Q1 2024-3.6%+0.2%+4.2%
Q4 2023+9.5%+9.3%-9.0%
Q3 2023+14.9%+4.3%+39.5%
Q2 2023+4.1%-2.6%+0.3%
Q1 2023+13.7%+14.5%+12.5%
Q4 2022-1.0%-5.6%-15.2%
Q3 2022+4.5%-2.2%+3.8%
Q2 2022-7.7%-3.4%-20.1%
Q1 2022-1.5%+8.8%+53.8%
Q4 2021+5.7%-0.5%+15.1%
Q3 2021-3.0%-1.8%-26.9%
Q2 2021+1.1%+1.4%+3.4%
Q1 2021-0.1%-3.3%-12.8%
Q4 2020-6.8%-7.5%-23.3%
Q3 2020-1.8%-12.2%+23.9%
Q2 2020-4.4%-5.4%-1.6%
Q1 2020-5.5%-11.9%+13.3%
Q4 2019+2.0%-2.1%-34.0%
Q3 2019+22.8%+27.7%+70.9%
Q2 2019-2.3%-3.9%-11.2%
Q1 2019-2.0%-1.1%-10.1%
Q4 2018+14.3%+26.2%+8.0%
Q3 2018+7.5%+3.2%+0.0%
Q2 2018-2.7%-2.7%+3.0%
Q1 2018-0.4%+2.0%+29.6%
Q4 2017+10.2%+9.7%-16.0%
Q3 2017-6.5%-2.1%+4.1%
Q2 2016+9.4%+10.1%+6.7%
Q2 2017+9.4%+10.1%+6.7%
Q1 2016-0.1%-2.9%-14.2%
Q1 2017+4.3%-4.2%-17.9%
Q4 2016+11.1%+13.3%-12.4%
Q3 2016-7.0%-1.9%-3.3%
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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