NASDAQ$MRSN

Mersana Therapeutics Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Mersana reported financial results for the third quarter of 2022 and provided a business update.

Mersana Therapeutics reported its Q3 2022 financial results, highlighting advancements in UpRi, expansion of the clinical pipeline, and strengthened balance sheet through partnerships.

  • Approximately 270 patients were enrolled in UPLIFT within one year.
  • UP-NEXT, a randomized Phase 3 clinical trial, was initiated.
  • Recent collaborations reflect progress in advancing innovative platforms.
  • The company believes accomplishments strengthen foundation and will enable entry into 2023 with momentum.

Headline financials

Total Revenue

$5.57M

Previous: $11K+50563.6%
EPS (adj)

-$0.61

Previous: -$0.63+3.2%
Capital Expenditures

$426K

Previous: $46K+826.1%
Free Cash Flow

$54.2M

Previous: -$36.1M+249.9%
Net Income

$0.00

Previous: -$45.5M+100.0%
Operating Income

$0.00

No prior period
Gross Profit

-$45.1M

Previous: -$35.3M-27.8%
Cash & Equivalents

$184M

Previous: $192M-4.0%
Total Assets

$315M

Previous: $218M+44.7%
Stock-Based Comp

$5.38M

Previous: $4.93M+9.1%

Revenue & EPS history

Mersana · Revenue · Quarterly

$5.57M

Q3 2022+50,563.6%vs Q3 2021
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements regarding the therapeutic potential of Mersana’s product candidates, the potential of Mersana’s platforms and technology, the design, progression, timing and objectives of Mersana’s clinical trials and the release of data from those trials, including UPLIFT

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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