NASDAQ$IMNM
Immunome Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported financial results for the first quarter ended March 31, 2024, and provided a business update.
Immunome reported its Q1 2024 financial results, highlighting the completion of AL102 integration and progress in regulatory submissions. The company is also advancing IM-1021 and IM-3050 towards clinical trials and focusing on developing next-generation ADC technology.
- Completed the integration of AL102 and are executing activities necessary for regulatory submissions.
- Completed the integration of IM-1021 and are advancing that program and IM-3050 towards clinical trials.
- Working internally to design and develop additional next-generation ADC technology.
- Purchase of AL101 and AL102 from Ayala Pharmaceuticals closed on March 25, 2024.
Headline financials
Revenue & EPS history
Immunome · Revenue · Quarterly
$1.03M
Forward guidance
Immunome anticipates several key milestones, including reporting topline data for the RINGSIDE Part B study of AL102 in the second half of 2025 and submitting INDs for IM-1021 and IM-3050 in the first quarter of 2025.
Tailwinds
- Expects to report topline data for RINGSIDE Part B in the second half of 2025.
- Anticipates submitting INDs for two preclinical candidates in the first quarter of 2025: IM-1021, a ROR1 ADC, and IM-3050, a FAP-targeted RLT.
- Ability to expand its pipeline through both internal and external efforts.
- Focus on developing first-in-class or best-in-class potential programs.
- Aims to improve the lives of cancer patients.
Headwinds
- Risk that Immunome will not be able to realize the benefits of its strategic transactions.
- Immunome’s ability to grow and successfully execute on its business plan, including the development and commercialization of its pipeline and integration of newly acquired assets.
- The risk that regulatory approvals for Immunome’s programs and product candidates are not obtained, are delayed or are subject to unanticipated conditions.
- Potential delays in the commencement, enrollment and completion of clinical trials and the reporting of data therefrom.
- Uncertainties related to Immunome’s capital requirements and Immunome’s expected cash runway.
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 Q1 2024
+0.8%
Avg return
Earnings day
-2.4%
Avg return
5 days after
+0.6%
Avg return
30 days after
32%
7 / 22 earnings
Positive
+24.1%
Q4 2021
Best reaction
-10.8%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.3% | -9.1% | -20.0% | |
| Q4 2025 | +4.7% | -1.0% | +1.4% | |
| Q3 2025 | -5.0% | +2.5% | +12.3% | |
| Q1 2025 | +1.1% | -1.0% | +15.0% | |
| Q4 2024 | -4.0% | -18.9% | -7.7% | |
| Q3 2024 | -10.8% | -24.5% | +0.7% | |
| Q2 2024 | +4.7% | +4.7% | +11.9% | |
| Q1 2024 | -1.3% | -6.2% | -3.2% | |
| Q4 2023 | -2.3% | -16.2% | -46.2% | |
| Q3 2023 | -8.1% | -8.9% | -12.2% | |
| Q2 2023 | -1.9% | -0.8% | +3.9% | |
| Q1 2023 | +2.3% | +11.9% | -6.2% | |
| Q4 2022 | +20.8% | +18.9% | +2.3% | |
| Q3 2022 | +0.0% | -27.6% | -8.5% | |
| Q2 2022 | +19.3% | +13.6% | +24.7% | |
| Q1 2022 | -2.6% | +19.6% | +46.5% | |
| Q4 2021 | +24.1% | +20.1% | -26.3% | |
| Q3 2021 | -1.0% | -5.1% | -9.3% | |
| Q2 2021 | -3.2% | -11.9% | +51.2% | |
| Q1 2021 | -10.7% | -3.0% | -2.9% | |
| Q4 2020 | -1.0% | -4.3% | -8.3% | |
| Q3 2020 | -5.5% | -6.4% | -6.1% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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