NASDAQ$KLRS

Kalaris Therapeutics Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported financial results for the second quarter ended June 30, 2023.

AlloVir reported its Q2 2023 financial results, highlighting the progress of its allogeneic, off-the-shelf virus-specific T cell (VST) programs, including posoleucel. The company's three Phase 3 global registrational trials for posoleucel are ongoing, with data expected in the second half of 2024. AlloVir's cash position is expected to fund operations into 2025, through anticipated data readouts from the posoleucel Phase 3 trials.

  • Three Phase 3 global registrational trials of posoleucel continue to enroll, with data anticipated in the second half of 2024.
  • Positive data from the Phase 2 trial of posoleucel for treatment of BK viremia in kidney transplant recipients was presented at the American Transplant Congress (ATC 2023).
  • ALVR106 completed enrollment in the dose-escalation (Part A) portion of the Phase 1b/2a clinical trial.
  • A recent stock offering extends cash runway through Phase 3 data readouts and into 2025.

Headline financials

EPS (adj)

-$0.48

Previous: -$0.69+30.4%
R&D Expenses

$34.8M

Previous: $31.4M+10.9%
Net Income

-$45.3M

Previous: -$44.6M-1.5%
Operating Income

-$47.3M

Previous: -$44.6M-6.0%
Cash & Equivalents

$247M

Previous: $173M+42.8%
Total Assets

$283M

Previous: $200M+41.3%
Stock-Based Comp

$10.3M

Previous: $11M-6.1%

Revenue & EPS history

Allovir · Revenue · Quarterly

$0

Q3 2025

Forward guidance

For fiscal year 2023, AlloVir expects operating expenses to be in the range of $150 million to $170 million, excluding non-cash expenses.

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 2023

Historical avgQ2 2023

+0.5%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+5.9%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+33.6%

Q2 2022

Best reaction

-23.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025-1.8%+6.9%+75.0%
Q2 2025-10.9%+0.4%+56.2%
Q2 2024-3.3%-5.7%+75.0%
Q1 2025-6.1%-2.8%+5.6%
Q4 2025-3.4%+4.2%-21.2%
Q3 2024-23.8%-23.0%-37.8%
Q1 2024-1.7%-1.4%+0.5%
Q4 2023+0.7%+2.5%+5.5%
Q3 2023+9.1%+9.1%+27.9%
Q2 2023+3.0%+0.3%+6.6%
Q1 2023+14.2%+13.0%+2.6%
Q4 2022-6.1%+5.5%-30.9%
Q3 2022+0.9%+9.1%+10.5%
Q2 2022+33.6%+37.7%+31.7%
Q1 2022+0.4%-23.8%-25.3%
Q4 2021+2.3%+3.6%-14.1%
Q3 2021-2.3%-3.0%-28.9%
Q2 2021+6.1%+0.6%+0.0%
Q1 2021+9.7%+5.0%+6.0%
Q4 2020+0.5%-2.5%-29.4%
Q3 2020-0.5%-6.3%+24.2%
Q2 2020-9.7%-20.6%-9.5%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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