NASDAQ$ETNB

89Bio Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

89bio reported financial results for the third quarter of 2021 and provided a corporate update.

89bio reported a net loss of $28.3 million for the third quarter of 2021. The company's R&D expenses were $23.6 million, and G&A expenses were $4.6 million. As of September 30, 2021, 89bio had cash, cash equivalents, and short-term investments of $157.4 million.

  • Advanced clinical development program for BIO89-100.
  • Reported topline data from open-label histology cohort in NASH patients expected in early to mid-January 2022.
  • Topline data from Phase 2 ENTRIGUE trial in severe hypertriglyceridemia patients expected in the first half of 2022.
  • Continued enrollment in the ENLIVEN Phase 2b trial of BIO89-100 for the treatment of NASH.

Headline financials

EPS (adj)

-$1.41

Previous: -$0.86-64.0%
Capital Expenditures

$16K

No prior period
Free Cash Flow

-$13.5M

No prior period
Net Income

-$28.3M

Previous: -$14.6M-94.0%
Operating Income

-$28.2M

Previous: -$14.4M-95.5%
Cash & Equivalents

$157M

Previous: $219M-28.2%
Total Assets

$168M

No prior period
Stock-Based Comp

$2.31M

No prior period

Revenue & EPS history

89Bio · Revenue · Quarterly

$0

Q1 2025
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

-0.1%

Avg return

Earnings day

-4.6%

Avg return

5 days after

-2.8%

Avg return

30 days after

54%

13 / 24 earnings

Positive

+14.8%

Q4 2019

Best reaction

-19.4%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025+1.7%+1.3%-1.7%
Q1 2025-3.7%-4.1%+18.6%
Q4 2024-1.0%-7.1%-3.7%
Q3 2024+2.8%-10.9%-20.6%
Q2 2024-10.9%-11.8%-0.9%
Q1 2024-3.5%+0.8%-10.2%
Q4 2023+7.3%-0.2%-1.3%
Q3 2023-11.8%
Q2 2023+5.3%
Q1 2023+1.3%
Q4 2022-1.1%
Q3 2022+14.2%
Q2 2022+3.6%
Q1 2022+14.6%
Q4 2021+5.1%
Q3 2021+1.4%
Q2 2021+1.1%
Q1 2021-19.4%
Q4 2020-4.7%
Q3 2020-0.8%
Q2 2020+1.6%
Q1 2020-6.2%
Q4 2019+14.8%
Q3 2019-13.5%
Q2 2019
Q1 2019
Q4 2018
Q3 2018

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