NASDAQ$MRSN

Mersana Therapeutics Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Mersana reported financial results for the second quarter ended June 30, 2021 and provided a business update.

Mersana Therapeutics reported cash and cash equivalents of $227.4 million as of June 30, 2021. Net cash used in operating activities in the second quarter of 2021 was $34.5 million. The Company expects that its available funds will be sufficient to support its operating plan commitments for approximately two years.

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Headline financials

Total Revenue

$11K

Previous: $796K-98.6%
EPS (adj)

-$0.59

Previous: -$0.33-78.8%
Capital Expenditures

$333K

Previous: $25K+1232.0%
Free Cash Flow

-$34.8M

Previous: -$16M-118.1%
Net Income

-$40.9M

Previous: -$19.8M-106.8%
Gross Profit

-$31.9M

Previous: -$14.6M-118.5%
Cash & Equivalents

$227M

Previous: $291M-22.0%
Total Assets

$254M

Previous: $311M-18.3%
Stock-Based Comp

$4.58M

Previous: $1.66M+176.7%

Revenue & EPS history

Mersana · Revenue · Quarterly

$11K

Q2 2021-98.6%vs Q2 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

The Company expects that its available funds will be sufficient to support its operating plan commitments for approximately two years.

Historical earnings impact

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

Avg. return before/after earnings

Based on 12 quarterly earnings reports

Historical avg

+1.4%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+1.3%

Avg return

30 days after

47%

17 / 36 earnings

Positive

+38.9%

Q2 2022

Best reaction

-20.3%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+2.4%+0.8%+3.0%
Q2 2025+11.6%+22.3%+18.6%
Q1 2025-18.5%-0.2%-3.6%
Q4 2024-8.3%+3.6%-36.7%
Q3 2024+14.5%-3.7%-1.8%
Q2 2024-13.4%-7.2%+25.2%
Q1 2024-20.3%-23.8%-37.4%
Q4 2023+27.4%+33.8%+4.8%
Q3 2023-6.5%-12.9%+46.8%
Q2 2023+0.0%+4.2%+6.7%
Q1 2023+8.9%+8.2%+16.4%
Q4 2022+7.0%+4.4%-26.3%
Q3 2022-11.0%
Q2 2022+38.9%
Q1 2022-11.2%
Q4 2021+14.4%
Q3 2021-1.1%
Q2 2021-2.1%
Q1 2021-5.3%
Q4 2020+7.7%
Q3 2020-4.2%
Q2 2020-1.9%
Q1 2020-3.1%
Q4 2019+3.5%
Q3 2019+7.0%
Q2 2019+2.3%
Q1 2019+14.3%
Q4 2018+4.0%
Q3 2018+7.5%
Q2 2018+0.0%
Q1 2018-3.7%
Q1 2016-8.9%
Q3 2016-4.5%
Q3 2017-5.1%
Q4 2016+3.9%
Q2 2016+3.9%
Q1 2017

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