NASDAQ$DSGN
Design Therapeutics Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported pipeline progress and third quarter 2021 financial results.
Design Therapeutics reported a net loss of $11.3 million for the third quarter ended September 30, 2021. The company's lead GeneTACTM program for Friedreich Ataxia is on track for clinical initiation in the first half of 2022.
- Design Therapeutics remains on track to initiate a Phase 1 clinical trial in patients with FA in the first half of 2022, with initial topline clinical data expected in 2022.
- Design reported new preclinical data from its novel DM1 GeneTACTM program at the 2021 Virtual Myotonic Dystrophy Foundation Annual Conference in September 2021.
- João Siffert, M.D., president and chief executive officer and Sean Jeffries, Ph.D., chief operating officer, will participate in a fireside chat during the 33rd Annual Virtual Piper Healthcare Conference, being held November 30 – December 2, 2021.
- As of September 30, 2021, the company had cash, cash equivalents and investment securities of $393.7 million.
Headline financials
Revenue & EPS history
Design Therapeutics · Revenue · Quarterly
$20K
Forward guidance
Design Therapeutics expects 2022 will be a milestone-rich and transformational year for the company.
Tailwinds
- Initiation of the clinical program in Friedreich ataxia.
- Progress with our myotonic dystrophy type-1 GeneTACTM program.
- Expansion of our pipeline with several earlier stage programs.
- Treating additional diseases caused by nucleotide repeat expansions.
- Advancements across our pipeline and GeneTACTM platform.
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 Q3 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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