NASDAQ$FULC

Fulcrum Therapeutics Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Fulcrum Therapeutics reported financial results for the second quarter of 2021 and provided a business update.

Fulcrum Therapeutics reported positive interim results from its Phase 1 trial for FTX-6058 in sickle cell disease and plans to initiate enrollment in a Phase 1b clinical trial in sickle cell patients in Q4 2021. The company's cash runway extends into Q1 2023.

  • Reported positive interim results from Phase 1 trial of FTX-6058 for sickle cell disease, demonstrating proof of mechanism and biology.
  • Plans to initiate enrollment in a Phase 1b clinical trial in sickle cell patients in Q4 2021.
  • Reported clinical data from ReDUX4 demonstrating slowed disease progression and improved function in FSHD.
  • Cash runway extends into Q1 2023.

Headline financials

Total Revenue

$4.38M

Previous: $2M+119.0%
EPS (adj)

-$0.60

Previous: -$0.66+9.1%
Capital Expenditures

-$827K

Previous: -$777K-6.4%
Free Cash Flow

-$20.5M

Previous: -$16.5M-24.4%
Net Income

-$19.6M

Previous: -$15.7M-25.3%
Operating Income

-$19.7M

Previous: -$15.9M-23.6%
Gross Profit

-$13M

No prior period
Cash & Equivalents

$126M

Previous: $132M-4.7%
Total Assets

$138M

No prior period
Stock-Based Comp

$2.55M

No prior period

Revenue & EPS history

Fulcrum Therapeutics · Revenue · Quarterly

$4.38M

Q2 2021+119.1%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Fulcrum Therapeutics expects that its existing cash, cash equivalents, and marketable securities will be sufficient to enable it to fund its operating expenses and capital expenditure requirements into the first quarter of 2023.

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 Q2 2021

Historical avgQ2 2021

+5.2%

Avg return

Earnings day

+6.3%

Avg return

5 days after

+12.3%

Avg return

30 days after

62%

16 / 26 earnings

Positive

+142.5%

Q2 2021

Best reaction

-54.6%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-21.1%-23.0%-36.3%
Q3 2025-6.6%-9.8%+9.4%
Q1 2025+13.8%+39.0%+78.6%
Q4 2024+0.0%-3.0%-16.5%
Q3 2024-8.8%-16.8%+8.8%
Q2 2024+7.1%+0.6%+1.7%
Q1 2024+5.9%+1.1%+3.2%
Q4 2023+6.1%+12.9%-3.0%
Q3 2023+16.2%-2.5%+38.2%
Q2 2023+3.4%+5.5%+49.7%
Q1 2023+16.2%-0.6%-7.6%
Q4 2022-28.0%-36.6%-62.0%
Q3 2022+23.9%+27.3%+9.4%
Q2 2022+8.4%-6.2%+7.1%
Q1 2022-12.5%-4.1%-3.8%
Q4 2021+17.4%+37.8%+113.9%
Q3 2021-2.3%-4.9%-31.5%
Q2 2021+142.5%+175.3%+233.9%
Q1 2021+4.1%+3.7%-13.2%
Q4 2020-17.7%-17.4%-17.8%
Q3 2020+8.6%+16.9%+22.3%
Q2 2020-54.6%-55.5%-54.7%
Q1 2020+7.9%+18.9%+16.5%
Q4 2019-2.2%-27.8%-49.4%
Q3 2019+1.3%+27.7%+48.9%
Q2 2019+7.2%+6.1%-25.5%
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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