NASDAQ$EWTX

Edgewise Therapeutics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Edgewise Therapeutics reported financial results for the third quarter 2021 and recent business highlights.

Edgewise Therapeutics reported a net loss of $12.9 million for Q3 2021. The company's cash and marketable securities totaled $290 million as of September 30, 2021. They announced positive topline results from the EDG-5506 Phase 1 MAD study.

  • Announced positive topline results from the EDG-5506 Phase 1 multiple ascending dose (MAD) study in healthy volunteers (HV)
  • Dosed first Becker muscular dystrophy (BMD) patients with EDG-5506 as part of the ongoing Phase 1b trial
  • Phase 2 trials in BMD and Duchenne muscular dystrophy (DMD) expected to start in 2022
  • Cash and marketable securities of $290 million as of September 30, 2021

Headline financials

EPS (adj)

-$0.26

Previous: -$0.18-45.2%
R&D Expenses

$9.88M

No prior period
G&A Expenses

$3.2M

No prior period
Capital Expenditures

$451K

No prior period
Free Cash Flow

-$8.71M

No prior period
Net Income

-$12.9M

Previous: -$3.64M-255.5%
Operating Income

-$13.1M

Previous: -$3.64M-258.9%
Cash & Equivalents

$290M

No prior period
Total Assets

$294M

No prior period
Stock-Based Comp

$1.55M

No prior period

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 Q3 2021

Historical avgQ3 2021

-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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