NASDAQ$DSGN
Design Therapeutics Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Design Therapeutics reported GeneTAC™ portfolio progress and second quarter 2021 results.
Design Therapeutics reported a net loss of $7.6 million for the second quarter of 2021. The company's research and development expenses were $5.0 million, and general and administrative expenses were $2.7 million. As of June 30, 2021, the company had cash, cash equivalents and investment securities of $402.8 million.
- New data from IND-enabling studies with GeneTAC product candidate for Friedreich Ataxia (FA) support initiation of clinical trial in first half of 2022.
- The company is on-track for FA GeneTAC initiation of clinical trial in the first half of 2022.
- Design Therapeutics has continued progress across GeneTAC portfolio with Myotonic Dystrophy with preclinical data to be reported in the second half of 2021.
- Leadership team was strengthened with the appointment of Elizabeth Gordon, Ph.D. as Senior Vice President of Regulatory Affairs.
Headline financials
Revenue & EPS history
Design Therapeutics · Revenue · Quarterly
$31K
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2021
-2.2%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+3.2%
Avg return
30 days after
50%
10 / 20 earnings
Positive
+15.1%
Q4 2023
Best reaction
-71.7%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | +3.8% | -16.2% | |
| Q4 2025 | +3.2% | +0.7% | +26.1% | |
| Q3 2025 | +10.7% | +10.8% | +42.2% | |
| Q2 2025 | -8.9% | +14.5% | +48.3% | |
| Q1 2025 | +0.3% | +10.3% | +10.3% | |
| Q4 2024 | +0.4% | +2.5% | -27.2% | |
| Q3 2024 | -1.9% | +16.3% | +7.9% | |
| Q1 2024 | +1.7% | -3.0% | -17.9% | |
| Q4 2023 | +15.1% | +50.8% | +48.4% | |
| Q3 2023 | +13.9% | +10.4% | +27.4% | |
| Q2 2023 | -71.7% | -72.8% | -65.2% | |
| Q1 2023 | -12.2% | -12.6% | -26.4% | |
| Q4 2022 | -0.6% | -8.1% | -24.8% | |
| Q3 2022 | -0.3% | -0.8% | -9.7% | |
| Q2 2022 | +0.3% | +13.5% | +5.5% | |
| Q1 2022 | -1.5% | -2.4% | +30.9% | |
| Q4 2021 | -1.8% | -0.8% | -10.0% | |
| Q3 2021 | +4.8% | +10.7% | -3.8% | |
| Q2 2021 | +9.9% | +7.9% | +19.7% | |
| Q1 2021 | -6.0% | -18.0% | -1.8% | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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