NASDAQ$KRRO

Korro Bio Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Korro Bio reported Q4 2024 revenue of $2.3M, a net loss of $83.6M, diluted EPS of $-9.37.

For Q4 2024, Korro Bio reported Revenue was $2.3M, net loss was $83.6M, diluted EPS was $-9.37. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $2.3M for Q4 2024.
  • Net loss $83.6M.
  • Diluted EPS $-9.37.

Headline financials

Total Revenue

$2.27M

Previous: $0.00
EPS (adj)

-$9.37

Previous: -$0.38-2365.8%
Net loss per share

-$9.37

Previous: -$53.08+82.3%
R&D expenses

$63.6M

Previous: $57.3M+11.2%
G&A expenses

$30.5M

Previous: $27.3M+12.0%
Total operating expenses

$94.2M

Previous: $84.5M+11.4%
Other income, net

$8.47M

Previous: $3.39M+149.9%
Provision for income taxes

-$141K

Previous: $27K-622.2%
Unrealized gain/loss

$184K

No prior period
FX translation adjustment

$84K

No prior period
Comprehensive loss

-$83.3M

Previous: -$81.2M-2.6%
W.A. shares basic & diluted

8.9M

Previous: 1.5M+483.3%
Working capital

$117M

Previous: $153M-23.9%
Total liabilities

$65.8M

Previous: $51.8M+27.2%
Stockholders’ equity

$160M

Previous: $170M-5.6%
Net Income

-$83.6M

Previous: -$81.2M-3.0%
Operating Income

-$91.9M

Previous: -$39.5M-132.5%

Revenue & EPS history

Korro Bio · Revenue · Quarterly

$2.27M

Q4 2024
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

Outlook emphasizes milestones, liquidity runway, and cost discipline.

Tailwinds

  • Pipeline progress and partnership economics.
  • Cash supports near-term operating plans.

Headwinds

  • Operating losses until commercial scale.
  • Financing and competition affect funding costs.

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 Q4 2024

Historical avgQ4 2024

-4.6%

Avg return

Earnings day

+4.3%

Avg return

5 days after

+1.9%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+20.6%

Q4 2023

Best reaction

-79.3%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.3%-16.3%-20.5%
Q4 2025-0.4%+14.5%+20.4%
Q3 2025-79.3%-80.2%-73.8%
Q1 2025+4.1%-2.0%-11.8%
Q4 2024-5.3%-5.7%-1.6%
Q3 2024-25.2%-35.3%-40.2%
Q2 2024+10.4%+22.1%+12.4%
Q1 2024+5.0%+8.8%-15.4%
Q4 2023+20.6%+22.6%-20.3%
Q3 2023+9.4%+192.6%+246.3%
Q2 2023-4.1%-1.4%-39.0%
Q1 2023-5.6%+6.2%+1.9%
Q4 2022+3.1%-2.4%-24.2%
Q3 2022-5.8%+4.4%-11.1%
Q2 2022-11.1%-10.7%-4.9%
Q1 2022+4.0%+1.6%-8.0%
Q3 2021+3.2%-3.5%-17.0%
Q2 2021+0.5%-9.9%-12.3%
Q1 2021-20.3%-14.6%-4.6%
Q3 2020-6.4%+4.6%+59.7%
Q2 2020-1.7%-4.2%-19.8%
Q1 2020-1.1%+5.1%+16.0%
Q3 2019+4.8%+3.6%+11.4%

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