NASDAQ$FATE

Fate Therapeutics Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Fate Therapeutics' Q4 2019 financial results and operational progress were reported.

Fate Therapeutics reported fourth-quarter results, highlighting clinical advancements in its iPSC-derived cancer immunotherapy programs, including FT500, FT516, and FT596, and ended the quarter with $261 million in cash, cash equivalents and marketable securities.

  • Reported initial clinical data from FT500 Phase 1 study in advanced solid tumors, supporting safety and tolerability of multi-dose treatment paradigm for off-the-shelf, iPSC-derived NK Cells
  • First patients treated with FT516, the First-ever Engineered iPSC-derived Cellular Immunotherapy, for AML and for B-cell Lymphoma in Combination with Rituximab
  • Initiated Enrollment of First-in-human Clinical Trial of FT596, the First-ever Cellular Immunotherapy Engineered with Three Active Anti-tumor Modalities
  • Ended Quarter with $261 Million in Cash, Cash Equivalents and Marketable Securities

Headline financials

Total Revenue

$2.8M

Previous: $1.66M+68.7%
EPS (adj)

-$0.37

Previous: -$0.25-48.0%
Shares Outstanding

75.7M

No prior period
Net Income

-$28.3M

No prior period
Operating Income

-$29.1M

No prior period
Cash & Equivalents

$99.8M

No prior period
Total Assets

$302M

No prior period

Revenue & EPS history

Fate Therapeutics · Revenue · Quarterly

$2.8M

Q4 2019+68.7%vs Q4 2018
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

Fate Therapeutics · $2.8M total across 1 segment · Q4 2019

  • Collaboration Revenue
    $2.8M+68.7%

Forward guidance

In 2020, the company looks forward to additional clinical data from its FT500 and FT516 programs, and initial clinical data from FT596. The company also expects to begin clinical investigation of its off-the-shelf, iPSC-derived NK cell programs in multiple myeloma with planned IND submissions for FT538 and for FT576.

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 Q4 2019

Historical avgQ4 2019

+0.8%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+0.1%

Avg return

30 days after

44%

20 / 45 earnings

Positive

+19.0%

Q2 2016

Best reaction

-15.2%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.9%-22.8%-8.5%
Q4 2025+6.1%-7.4%-20.9%
Q3 2025-2.1%+6.1%+16.2%
Q1 2025-3.7%+22.0%+27.0%
Q4 2024-1.6%+2.2%+20.7%
Q3 2024-15.2%-21.1%-24.6%
Q2 2024-1.8%+2.1%+12.3%
Q1 2024+10.3%+14.1%-0.5%
Q4 2023+7.2%+11.2%+5.5%
Q3 2023-7.8%-13.9%-3.0%
Q2 2023-4.2%-13.0%-30.4%
Q1 2023+4.2%-7.9%-11.3%
Q4 2022+1.3%+1.7%-11.8%
Q3 2022-1.0%-2.1%+4.3%
Q2 2022+6.3%+11.5%-12.8%
Q1 2022-5.5%-22.3%-17.8%
Q4 2021-1.5%-7.0%+14.1%
Q3 2021+1.7%+1.1%-20.5%
Q2 2021+14.8%+15.0%-12.3%
Q1 2021-4.0%-5.0%-8.7%
Q4 2020-9.6%+1.2%-24.4%
Q3 2020-3.1%+5.6%+22.0%
Q2 2020+2.5%+10.4%-4.6%
Q1 2020-0.3%-1.4%+14.4%
Q4 2019-3.3%+0.9%-30.8%
Q3 2019-12.5%-4.6%-11.3%
Q2 2019-3.8%-2.9%-6.0%
Q1 2019-7.8%-2.6%-1.1%
Q4 2018-3.1%-0.1%+12.0%
Q3 2018+18.4%+16.5%+23.3%
Q2 2018+15.6%+17.6%+28.6%
Q1 2018-14.0%-10.4%+8.7%
Q4 2017-1.6%-0.8%-20.8%
Q3 2017-1.0%+4.0%-8.0%
Q2 2017+6.7%-3.4%+44.6%
Q1 2017+1.2%-1.0%-24.7%
Q4 2016+5.5%-3.4%-10.4%
Q3 2016+10.8%+50.3%+53.3%
Q2 2016+19.0%+21.3%+20.9%
Q1 2016+0.6%
Q4 2015+15.9%
Q2 2015-5.1%
Q1 2015-0.3%
Q4 2014+3.9%
Q3 2013+1.9%
Q1 2013
Q4 2012
Q3 2012

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro