NASDAQ$IOVA

Iovance Biotherapeutics Inc. · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported second quarter and first half 2022 financial results and corporate updates.

Iovance reported a net loss of $99.3 million, or $0.63 per share, for the second quarter ended June 30, 2022. The company had $430.9 million in cash, cash equivalents, investments and restricted cash at June 30, 2022, which is expected to fund operations into 2024. The BLA submission for lifileucel in metastatic melanoma is on track for August 2022.

  • Submitted the BLA for lifileucel in metastatic melanoma.
  • Preparing for commercialization.
  • Advancing our robust immuno-oncology pipeline.
  • Finalizing BLA to begin submission this month following pre-BLA meeting in late July.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.63

Previous: -$0.53-18.9%
Capital Expenditures

$4.58M

Previous: $9.62M-52.4%
Free Cash Flow

-$82.2M

Previous: -$63.6M-29.2%
Net Income

-$99.3M

Previous: -$81.4M-22.0%
Operating Income

-$99.7M

Previous: -$81.4M-22.5%
Cash & Equivalents

$431M

Previous: $709M-39.2%
Total Assets

$611M

Previous: $853M-28.4%
Stock-Based Comp

$22.5M

Previous: $14.4M+55.9%

Revenue & EPS history

Iovance · Revenue · Quarterly

$0

Q2 2022
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Forward guidance

The cash position is expected to be sufficient to fund current and planned operations into 2024.

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 2022

Historical avgQ2 2022

-1.0%

Avg return

Earnings day

+2.1%

Avg return

5 days after

-1.2%

Avg return

30 days after

37%

20 / 54 earnings

Positive

+36.3%

Q4 2019

Best reaction

-45.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-13.2%-12.7%+3.4%
Q4 2025+30.1%+33.6%+27.7%
Q3 2025+27.9%+46.4%+21.5%
Q1 2025-45.1%-46.1%-35.3%
Q4 2024-19.4%-23.0%-32.3%
Q3 2024-12.8%-20.2%-25.6%
Q2 2024+35.3%+46.5%+36.6%
Q1 2024-18.1%-19.9%-41.9%
Q4 2023-8.9%+72.3%+67.9%
Q3 2023-3.5%-8.1%+55.8%
Q2 2023+7.8%+0.1%-17.7%
Q1 2023+7.9%+5.5%+13.0%
Q4 2022+1.8%+2.5%-14.2%
Q3 2022+0.0%-7.0%-23.1%
Q2 2022+1.2%-0.2%-8.8%
Q1 2022-12.4%-17.2%-52.4%
Q4 2021+10.2%+9.4%+20.5%
Q3 2021+0.6%-0.2%-33.4%
Q2 2021+3.2%+2.1%+10.1%
Q1 2021-2.4%-9.3%-38.7%
Q4 2020-5.4%-5.3%-27.3%
Q3 2020+2.2%-3.7%+8.9%
Q2 2020-5.3%-8.8%-0.7%
Q1 2020+1.2%+12.0%-4.3%
Q4 2019+36.3%+33.3%+29.4%
Q3 2019-0.7%+7.5%+12.5%
Q2 2019-3.5%-8.6%-14.6%
Q1 2019-5.5%-3.2%+61.2%
Q4 2018-1.7%+7.8%-9.0%
Q3 2018-3.2%-5.1%+5.3%
Q2 2018+6.9%+6.5%+23.3%
Q1 2018+0.7%+1.0%-16.2%
Q4 2017-8.6%-11.8%-21.2%
Q3 2017-6.5%+2.0%+18.3%
Q2 2017-5.1%-4.3%-1.7%
Q1 2017-9.8%-11.7%-24.8%
Q4 2016-1.3%+2.7%-10.1%
Q3 2016+5.1%+19.7%+2.6%
Q2 2016-2.1%-1.5%-11.1%
Q1 2016+4.4%
Q4 2015-5.4%
Q3 2015
Q4 2014+18.7%
Q1 2013-2.8%
Q2 2013-2.8%
Q4 2012+0.0%
Q3 2012-20.0%
Q2 2012-26.0%
Q1 2012+2.6%
Q4 2011-0.9%
Q3 2011-0.8%
Q2 2011-7.1%
Q1 2011+6.1%
Q4 2010+0.0%
Q3 2010-4.5%
Q2 2010
Q1 2010

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