NASDAQ$KLRS

Kalaris Therapeutics Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

AlloVir reported financial results for Q3 2023 and continued to advance posoleucel in Phase 3 trials.

AlloVir reported a net loss of $44.3 million, or $0.39 per share, for the third quarter ended September 30, 2023. The company's cash, cash equivalents, and short-term investments totaled $213.3 million as of September 30, 2023, providing runway through all pivotal trial data readouts.

  • Posoleucel continues to advance in three Phase 3 trials for first-to-market indications.
  • Enrollment in posoleucel pivotal Phase 3 multi-virus prevention, virus-associated hemorrhagic cystitis and adenovirus studies is progressing, with topline data anticipated in the second half of 2024.
  • Global commercial launch planning for posoleucel is progressing across all indications.
  • AlloVir had $213.3 million in cash, cash equivalents, and short-term investments as of September 30, 2023.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.39

Previous: -$0.50+22.0%
R&D Expenses

$34.2M

No prior period
Net Income

-$44.3M

Previous: -$42.1M-5.2%
Operating Income

-$47M

Previous: -$43M-9.3%
Gross Profit

$0.00

No prior period
Cash & Equivalents

$213M

Previous: $264M-19.2%
Total Assets

$248M

Previous: $294M-15.5%
R&D Expense

$34.2M

No prior period
Stock-Based Comp

$10.5M

Previous: $10.9M-3.6%

Revenue & EPS history

Allovir · Revenue · Quarterly

$0

Q3 2023

Forward guidance

AlloVir expects operating expenses to be in the range of $150 million to $170 million for fiscal year 2023, 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 Q3 2023

Historical avgQ3 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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