NASDAQ$MRSN

Mersana Therapeutics Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Mersana announced its Q4 2019 financial results and provided a business update.

Mersana Therapeutics reported its Q4 and full year 2019 financial results, highlighting the upcoming presentation of XMT-1536 data at the SGO 2020 Annual Meeting and planned data disclosures throughout the year. The company's cash, cash equivalents, and marketable securities were $99.8 million as of December 31, 2019.

  • XMT-1536 Phase 1 dose escalation data update selected for late-breaker oral presentation at SGO 2020 Annual Meeting on Women’s Cancer.
  • XMT-1536 interim Phase 1 dose expansion data to be presented in 2Q 2020 with more mature data expected in 2H 2020.
  • The company will present preclinical data on ADCs created with the Dolasynthen and Immunosynthen platforms at the AACR Annual Meeting.
  • Cash, cash equivalents and marketable securities as of December 31, 2019, were $99.8 million.

Headline financials

Total Revenue

$42K

Previous: $1.19M-96.5%
EPS (adj)

-$0.34

Previous: -$0.97+64.9%
Free Cash Flow

-$12.6M

No prior period
Net Income

-$16.2M

No prior period
Gross Profit

-$12.4M

No prior period
Cash & Equivalents

$99.8M

No prior period
Total Assets

$108M

No prior period
Stock-Based Comp

$1.26M

No prior period

Revenue & EPS history

Mersana · Revenue · Quarterly

$42K

Q4 2019-96.5%vs Q4 2018
Beat estimate in 5 of 12 quarters(42%)
ActualEstimate

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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