NASDAQ$INKT

Mink Therapeutics Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported second quarter 2023 results and provided a corporate update.

MiNK Therapeutics reported its second quarter 2023 results, highlighting clinical progress with agenT-797 and the planned launch of a randomized Phase 2 trial in 2L gastric cancer. The company ended the quarter with a cash balance of $10.6 million.

  • Made significant clinical progress with agenT-797, showing persistence and clinical benefit in patients with solid tumor cancers.
  • Announced the planned launch of a randomized Phase 2 trial in 2L gastric cancer, expected to be fully externally funded and launch in early 3Q2023.
  • Preclinical data showed MiNK-215 exhibits robust therapeutic activity in non-small cell lung cancer models.
  • Data demonstrated the tolerable safety profile and survival benefit of iNKT cells in respiratory distress.

Headline financials

EPS (adj)

-$0.18

Previous: -$0.18+0.0%
Capital Expenditures

$37K

Previous: $62.4K-40.7%
Free Cash Flow

-$4.19M

Previous: -$4.69M+10.7%
Net Income

-$11.9M

Previous: -$6.1M-95.1%
Operating Income

-$6.34M

Previous: -$7.7M+17.6%
Cash & Equivalents

$10.6M

Previous: $29.8M-64.4%
Total Assets

$12.1M

Previous: $31.1M-61.1%
Stock-Based Comp

$898K

Previous: $801K+12.2%

Revenue & EPS history

Mink Therapeutics · Revenue · Quarterly

$0

Q4 2026

Forward guidance

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding the therapeutic and curative potential of agenT-797, MiNK-215, and iNKT cells, mechanism of action, potency and safety, interim or top-line data, including statements regarding preclinical data of MiNK-215, the anticipated benefits of agenT-797 and MiNK-215, and clinical development plans and timelines.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-3.6%

Avg return

Earnings day

-4.9%

Avg return

5 days after

-1.7%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+14.6%

Q3 2022

Best reaction

-42.0%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+3.9%+2.2%+13.3%
Q3 2025-1.9%-16.6%-6.1%
Q2 2025-13.6%-16.0%-17.7%
Q1 2025-3.3%-3.8%-3.3%
Q4 2024-3.3%+6.8%-14.9%
Q3 2024-5.0%-13.5%-22.4%
Q2 2024+0.6%-3.0%-8.5%
Q1 2024+6.1%+3.1%-1.4%
Q4 2023-2.9%+4.7%-2.2%
Q3 2023-11.8%-20.2%-14.3%
Q2 2023+1.7%-5.0%-26.1%
Q1 2023+13.9%+11.3%+44.4%
Q4 2022+0.5%-3.4%-3.4%
Q3 2022+14.6%+17.8%+18.3%
Q2 2022+13.2%+25.7%+114.7%
Q1 2022-26.7%-26.7%-13.1%
Q4 2021-6.1%-4.2%-5.5%
Q3 2021-6.1%-4.2%-5.5%
Q2 2021-42.0%-47.6%-78.6%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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