NASDAQ$MGNX

MacroGenics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

MacroGenics reported its Q4 2020 earnings, highlighted by the FDA approval of MARGENZA™ and progress in partnered programs like retifanlimab and teplizumab.

MacroGenics announced the FDA approval of MARGENZA™ in December 2020 and anticipates its commercial launch in March 2021. The company also looks forward to potential regulatory decisions for partnered products retifanlimab and teplizumab, with PDUFA target action dates in July 2021. MacroGenics expects to provide clinical updates across its portfolio throughout 2021.

  • MARGENZA (margetuximab-cmkb) was approved by the FDA in December 2020 for metastatic HER2-positive breast cancer.
  • Commercial launch of MARGENZA is expected in March 2021.
  • PDUFA target action dates for partnered products retifanlimab and teplizumab are set for July 2021.
  • Multiple clinical updates across MacroGenics' portfolio are anticipated in 2021.

Headline financials

Total Revenue

$52.7M

Previous: $25.2M+109.2%
EPS (adj)

$0.02

Previous: -$0.62+103.2%
Shares Outstanding

56.2M

No prior period
Capital Expenditures

$3.56M

No prior period
Free Cash Flow

-$9.09M

No prior period
Net Income

-$130M

No prior period
Operating Income

-$131M

No prior period
Gross Profit

$51.7M

No prior period
Cash & Equivalents

$273M

Previous: $216M+26.3%
Total Assets

$379M

Previous: $313M+21.2%
Stock-Based Comp

$5.26M

No prior period

Revenue & EPS history

MacroGenics · Revenue · Quarterly

$52.7M

Q4 2020+109.2%vs Q4 2019
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

MacroGenics · $9.5M total across 3 segments · Q3 2023

  • Product Sales
    $4.7M
  • Contract Manufacturing
    $4.46M+290.7%
  • Government Agreements
    $345K-36.9%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+5.6%

Avg return

Earnings day

+4.0%

Avg return

5 days after

+3.4%

Avg return

30 days after

44%

23 / 52 earnings

Positive

+251.7%

Q1 2020

Best reaction

-77.4%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.9%+24.0%+12.9%
Q4 2025+45.3%+27.1%+45.8%
Q3 2025+8.3%+4.8%-4.8%
Q1 2025+0.0%+0.0%-5.1%
Q4 2024-4.8%-25.7%-40.0%
Q3 2024+13.2%+17.6%-8.4%
Q2 2024-5.6%-1.7%-5.6%
Q1 2024-77.4%-69.6%-69.1%
Q4 2023-18.8%-18.0%-15.0%
Q3 2023+20.0%+20.5%+62.7%
Q2 2023+26.6%+13.7%+4.7%
Q1 2023-0.4%-9.1%-28.2%
Q4 2022+8.4%+3.7%+0.6%
Q3 2022+22.1%+30.1%+42.3%
Q2 2022+16.2%+18.9%-3.6%
Q1 2022-15.2%-38.2%-56.5%
Q4 2021-3.6%-8.1%-12.7%
Q3 2021+4.1%+5.1%-16.7%
Q2 2021-5.5%-5.7%-10.3%
Q1 2021-8.3%-9.8%-8.8%
Q4 2020+18.7%+16.1%+57.6%
Q3 2020+4.9%+0.9%+19.9%
Q2 2020-1.5%+3.1%+5.9%
Q1 2020+251.7%+184.5%+186.4%
Q4 2019+8.5%-20.8%-45.5%
Q3 2019-0.9%-6.5%+13.9%
Q2 2019-0.3%-9.1%-2.5%
Q1 2019+3.4%+9.7%+9.4%
Q4 2018-2.8%-5.8%-19.4%
Q3 2018+8.7%-1.0%-2.3%
Q2 2018+6.3%+9.5%+11.1%
Q1 2018-9.2%-7.8%+2.8%
Q4 2017+2.1%+17.7%+2.4%
Q3 2017-1.6%-0.3%+8.9%
Q2 2017+6.6%+8.0%+17.8%
Q1 2017-1.7%-12.2%-9.9%
Q4 2016-5.1%-2.7%-15.8%
Q3 2016-16.3%-6.0%+10.4%
Q2 2016+6.8%+1.1%-2.2%
Q1 2016-5.8%
Q4 2015+5.1%
Q3 2015-4.4%
Q2 2015-12.1%
Q1 2015+9.5%
Q4 2014-0.2%
Q3 2014+17.5%
Q2 2014-4.8%
Q2 2013-4.8%
Q1 2014-5.0%
Q1 2013-5.0%
Q4 2013-7.6%
Q3 2013+7.3%
Q4 2012
Q3 2012

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