NASDAQ$MRSN
Mersana Therapeutics Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Mersana reported financial results for the second quarter ended June 30, 2023.
Mersana Therapeutics announced its Q2 2023 financial results, highlighting the advancement of XMT-1660 and XMT-2056, along with progress in its Dolasynthen and Immunosynthen platforms. The company is focused on developing new product candidates and business development opportunities. Mersana is working to address the clinical hold on its Phase 1 clinical trial of XMT-2056.
- Advanced XMT-1660 and Dolasynthen Platform with the plan to complete the dose escalation portion of its Phase 1 clinical trial in 2023 and initiate the dose expansion portion of the trial in 2024.
- Advanced XMT-2056 and Immunosynthen Platform and is working diligently to address the clinical hold on its Phase 1 clinical trial of XMT-2056.
- Supported Janssen Biotech under a collaboration and license agreement that focuses on discovering novel Dolasynthen ADCs for up to three targets.
- Supported Merck KGaA, Darmstadt, Germany under a collaboration and license agreement that focuses on discovering novel Immunosynthen ADCs for up to two targets.
Headline financials
Revenue & EPS history
Mersana · Revenue · Quarterly
$10.7M
Forward guidance
This press release contains “forward-looking” statements and information within the meaning of the Private Securities Litigation Reform Act of 1995.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports · overlaid with Q2 2023
+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
| Quarter | Report date | Reaction (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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