NASDAQ$EWTX

Edgewise Therapeutics Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported financial results for the first quarter of 2022.

Edgewise Therapeutics reported a net loss of $14.7 million, or $0.30 per share, for the first quarter of 2022. Cash, cash equivalents, and marketable securities totaled $265.8 million as of March 31, 2022. The company anticipates its cash resources will be sufficient to support planned growth and operations through 2024.

  • Completed enrollment of the ARCH open label study of EDG-5506 in Becker muscular dystrophy (BMD).
  • Initiated enrollment in Edgewise-funded Natural History Trial of BMD.
  • Phase 2 trials in BMD and Duchenne muscular dystrophy (DMD) are planned to start in 2022.
  • Cash, cash equivalents and marketable securities of $265.8 million as of March 31, 2022.

Headline financials

EPS (adj)

-$0.30

Previous: -$0.14-114.3%
R&D Expenses

$11.1M

Previous: $5.4M+106.0%
G&A Expenses

$3.7M

Previous: $1.5M+146.8%
Capital Expenditures

$369K

Previous: $62K+495.2%
Free Cash Flow

-$12.9M

Previous: -$6.12M-111.5%
Net Income

-$14.7M

Previous: -$6.82M-115.1%
Operating Income

-$14.8M

Previous: -$6.86M-116.2%
Cash & Equivalents

$266M

Previous: $310M-14.2%
Total Assets

$273M

Previous: $311M-12.4%
Stock-Based Comp

$1.98M

Previous: $296K+568.2%

Revenue & EPS history

Edgewise Therapeutics · Revenue · Quarterly

$0

Q3 2025

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 2022

Historical avgQ1 2022

-0.2%

Avg return

Earnings day

+0.7%

Avg return

5 days after

-4.0%

Avg return

30 days after

40%

8 / 20 earnings

Positive

+16.0%

Q2 2022

Best reaction

-12.3%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-1.7%-4.3%+2.4%
Q3 2025-1.7%+23.7%+35.8%
Q2 2025-4.1%-0.9%+15.2%
Q1 2025+2.4%+1.0%+5.8%
Q4 2024-2.4%+7.0%-40.7%
Q3 2024-0.7%-3.9%-11.0%
Q1 2024-12.3%-16.5%-15.5%
Q4 2023-1.3%-3.7%-7.1%
Q3 2023-10.7%+5.5%+13.0%
Q2 2023+3.4%+12.5%-3.4%
Q1 2023-6.5%-5.5%-2.8%
Q4 2022-3.0%-2.8%-30.3%
Q3 2022+1.8%+2.1%-5.7%
Q2 2022+16.0%+6.8%+17.1%
Q1 2022+1.6%-0.8%-18.9%
Q4 2021+13.0%-2.5%-19.3%
Q3 2021-1.8%-3.4%-3.1%
Q2 2021-5.6%-10.6%-7.9%
Q1 2021+5.2%+4.7%-1.6%
Q4 2020+5.2%+4.7%-1.6%
Q3 2020
Q2 2020
Q1 2020

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