NASDAQ$LYEL

Lyell Immunopharma Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Lyell Immunopharma reported its business highlights and financial results.

Lyell Immunopharma reported a net loss of $52.9 million for the fourth quarter of 2023. The company's cash, cash equivalents, and marketable securities totaled $562.7 million, expected to fund operations into 2027. Clinical data from lead CAR T-cell and TIL product candidates are expected in 2024, and an IND submission for a second-generation ROR1-targeted CAR T-cell product is planned for the first half of 2024.

  • On track to report initial clinical and translational data from lead CAR T-cell and TIL product candidates in 2024.
  • Received Orphan Drug Designation for LYL845 for the treatment of melanoma.
  • Expect to submit IND for second generation ROR1-targeted CAR T-cell product in the first half of 2024.
  • Cash, cash equivalents and marketable securities of $562.7 million as of December 31, 2023 supports advancing pipeline into 2027 through multiple clinical milestones.

Headline financials

Total Revenue

$13K

Previous: $48.4M-100.0%
EPS (adj)

-$0.17

Previous: -$0.03-466.7%
R&D Expenses

$47K

No prior period
Non-GAAP R&D Expenses

$42.9K

No prior period
G&A Expenses

$13.2K

No prior period
Non-GAAP G&A Expenses

$8.47K

No prior period
Non-GAAP Net Loss

-$43.9K

No prior period
Capital Expenditures

-$25K

Previous: $4.58M-100.5%
Net Income

-$52.9M

Previous: -$8.4M-530.3%
Operating Income

-$59.5M

Previous: -$14.8M-302.5%
Gross Profit

-$5.04M

Previous: -$4.54M-11.0%
R&D Expense

$41.6M

No prior period
Stock-Based Comp

$8.46M

Previous: $18.4M-53.9%

Revenue & EPS history

Lyell Immunopharma · Revenue · Quarterly

$13K

Q4 2023-100%vs Q4 2022

Forward guidance

Lyell believes that its cash, cash equivalents and marketable securities balances will be sufficient to meet working capital and capital expenditure needs into 2027.

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 2023

Historical avgQ4 2023

+1.5%

Avg return

Earnings day

-4.0%

Avg return

5 days after

+1.1%

Avg return

30 days after

73%

16 / 22 earnings

Positive

+20.3%

Q4 2024

Best reaction

-18.3%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%-7.0%-42.1%
Q4 2025+2.5%-19.0%-9.6%
Q3 2025-1.3%+1.7%+95.5%
Q1 2025+4.6%+2.0%+21.1%
Q4 2024+20.3%+15.5%-10.3%
Q3 2024-17.6%-21.3%-38.9%
Q2 2024+1.4%-8.1%-20.9%
Q1 2024+7.6%+4.2%+13.6%
Q4 2023+2.5%-8.6%-21.8%
Q3 2023+6.8%-24.8%-11.8%
Q2 2023+1.5%-1.9%-16.8%
Q1 2023+6.9%+6.5%+50.9%
Q4 2022+9.6%+1.4%-1.8%
Q3 2022-18.3%-17.0%-28.8%
Q2 2022+16.3%+20.2%+10.1%
Q1 2021-12.4%-22.8%+1.5%
Q1 2022-12.4%-22.8%+1.5%
Q4 2019+6.1%+6.1%+1.6%
Q4 2021+6.1%+6.1%+1.6%
Q3 2021-4.1%-3.6%-18.8%
Q4 2020+2.8%+2.2%+24.6%
Q2 2021+2.8%+2.2%+24.6%
Q3 2020
Q2 2020
Q1 2020

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