NASDAQ$NKTX

Nkarta Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2022.

Nkarta reported positive preliminary data for NKX101 and NKX019, validating their allogeneic NK cell platform. They have over $400 million in cash and short-term investments following a $230 million public offering in April 2022.

  • Positive preliminary data reported from NKX101 Phase 1 study in patients with relapsed / refractory AML; 3 of 5 patients treated with a 3-dose regimen achieved complete response with full hematologic recovery.
  • Positive preliminary data reported from NKX019 Phase 1 study in patients with relapsed / refractory NHL; 5 of 6 patients treated with a 3-dose regimen achieved response and 3 of 6 achieved complete response.
  • NKX101 and NKX019 have an encouraging safety profile, without the burdensome mix of side effects associated with CAR T cell approaches.
  • Nkarta has more than $400 million in cash and short-term investments following April 2022 $230 million public offering of common stock.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.79

Previous: -$0.30-167.0%
Capital Expenditures

-$1.77M

Previous: -$1.03M-71.3%
Free Cash Flow

-$27.8M

Previous: -$20.4M-36.0%
Net Income

-$26M

Previous: -$19.4M-34.1%
Operating Income

-$26.1M

Previous: -$19.5M-34.0%
Gross Profit

$0.00

Previous: $0.00
Cash & Equivalents

$219M

No prior period
Total Assets

$306M

No prior period
Stock-Based Comp

$4.1M

No prior period

Revenue & EPS history

Nkarta · Revenue · Quarterly

$0

Q1 2022

Forward guidance

Nkarta expects its current cash and cash equivalents will be sufficient to fund its current operating plan into 2025. This guidance reflects the proceeds received following the April 2022 public offering of common stock.

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 Q1 2022

Historical avgQ1 2022

+0.4%

Avg return

Earnings day

-2.5%

Avg return

5 days after

+1.4%

Avg return

30 days after

61%

14 / 23 earnings

Positive

+16.2%

Q4 2021

Best reaction

-30.3%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.5%-16.1%
Q4 2025+0.9%-0.9%+37.1%
Q3 2025+3.1%-4.6%-4.6%
Q1 2025+1.2%-0.6%-4.6%
Q4 2024+3.2%-15.4%+13.3%
Q3 2024-4.8%-9.0%-23.0%
Q2 2024+1.2%+0.0%+10.3%
Q1 2024-2.3%+2.3%+3.1%
Q4 2023-30.3%-22.8%-43.0%
Q3 2023-5.6%+7.0%+27.0%
Q2 2023-0.5%-1.0%-20.5%
Q1 2023-4.1%-4.1%-0.9%
Q4 2022+1.3%-7.1%+19.3%
Q3 2022-8.4%-2.1%-35.5%
Q2 2022+8.8%+11.1%-8.5%
Q1 2022+12.8%+11.1%+6.9%
Q4 2021+16.2%+6.2%-15.2%
Q3 2021+7.7%+7.2%-15.0%
Q2 2021-1.9%-5.0%-29.0%
Q4 2020+0.0%-14.4%-30.3%
Q3 2020+2.9%+14.5%+122.0%
Q2 2020-7.0%-12.0%+21.1%
Q1 2021+11.3%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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