NASDAQ$GBIO

Generation Bio Co · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Generation Bio reported fourth quarter and full year 2023 financial results and business highlights.

Generation Bio is focusing on advancing its cell-targeted lipid nanoparticle and immune-quiet DNA platforms, with a focus on in vivo programs for sickle cell disease, beta-thalassemia, and hemophilia A. The company's cash balance is expected to fund operations into the second half of 2027.

  • Developing ctLNP for in vivo T cell and hematopoietic stem cell programs.
  • Developing iqDNA for programs in hepatocytes and other cell types.
  • Cash, cash equivalents and marketable securities were $264.4 million as of December 31, 2023.
  • The company continues to believe that its cash, cash equivalents and marketable securities will fund its operating expenditures and capital expenditure requirements into the second half of 2027.

Headline financials

Total Revenue

$2.88M

No prior period
EPS (adj)

-$0.53

Previous: -$0.55+3.6%
Weighted average common shares outstanding

66.1M

No prior period
Research and development expenses

$27.9M

Previous: $21.6M+29.2%
General and administrative expenses

$13.4M

Previous: $13.1M+2.3%
Other income and interest income, net

$3.24M

No prior period
Capital Expenditures

-$4.58M

Previous: $682K-771.6%
Net Income

-$35.2M

Previous: -$32.4M-8.6%
Operating Income

-$38.4M

Previous: -$34.7M-10.8%
Gross Profit

$912K

No prior period
R&D Expense

$21.5M

No prior period
Stock-Based Comp

$6.05M

Previous: $5.85M+3.4%

Revenue & EPS history

Generation Bio · Revenue · Quarterly

$2.88M

Q4 2023
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Revenue by segment

Generation Bio · $2.15M total across 1 segment · Q3 2023

  • Collaboration revenue
    $2.15M

Historical earnings impact

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

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+3.8%

Avg return

Earnings day

+5.9%

Avg return

5 days after

+8.6%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+61.7%

Q2 2025

Best reaction

-19.7%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-3.3%+11.0%+2.7%
Q2 2025+61.7%+62.0%+46.9%
Q1 2025+4.5%+0.4%+4.0%
Q4 2024-3.7%-14.3%-9.5%
Q3 2024+8.7%-0.5%-40.8%
Q2 2024-2.0%-3.7%-10.2%
Q1 2024+18.4%+16.4%+1.9%
Q4 2023+3.1%+11.5%+39.4%
Q3 2023-1.7%+7.7%+46.2%
Q2 2023-5.3%-7.0%+6.8%
Q1 2023-5.0%-2.7%+0.4%
Q4 2022-8.4%-10.0%+15.5%
Q3 2022+12.2%
Q2 2022+7.7%
Q1 2022-19.7%
Q4 2021+21.1%
Q3 2021-1.5%
Q2 2021-6.2%
Q1 2021+0.3%
Q4 2020-0.9%
Q3 2020+8.5%
Q4 2019-0.5%
Q2 2020-0.5%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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