NASDAQ$NKTX

Nkarta Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Nkarta reported positive preliminary data from NKX101 and NKX019 Phase 1 studies and raised additional capital.

Nkarta reported financial results for the second quarter ended June 30, 2022. The company announced positive preliminary data for its co-lead NK cell therapy candidates, NKX101 and NKX019, and raised additional capital for advancing these programs.

  • Reported positive preliminary data from NKX101 Phase 1 study in patients with relapsed / refractory AML and NKX019 Phase 1 study in patients with relapsed / refractory NHL, validating the company’s platform for engineered CAR NK cell therapy candidates.
  • Additional NKX101 and NKX019 clinical data expected by year-end 2022, including safety and activity data for newly enrolled patients at higher dose monotherapy regimen and extended durability follow-up for previously reported patient responses.
  • Nkarta plans to present additional clinical data in the second half of 2022 from its ongoing dose escalation monotherapy clinical trials of NKX101 and NKX019.
  • In April 2022, Nkarta received approximately $215.6 million in net proceeds from a public offering of its common stock.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.61

Previous: -$0.66+7.6%
Capital Expenditures

-$4.4M

Previous: -$2.41M-82.5%
Free Cash Flow

-$31.3M

Previous: -$23.9M-30.8%
Net Income

-$26.9M

Previous: -$21.5M-25.0%
Operating Income

-$27.6M

Previous: -$21.6M-27.6%
Gross Profit

$0.00

Previous: $0.00
Cash & Equivalents

$415M

Previous: $280M+48.1%
Total Assets

$504M

Previous: $309M+62.9%
Stock-Based Comp

$3.91M

Previous: $3.69M+6.0%

Revenue & EPS history

Nkarta · Revenue · Quarterly

$0

Q2 2022

Forward guidance

Nkarta expects its current cash and cash equivalents will be sufficient to fund its current operating plan into 2025.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.9%

Avg return

Earnings day

-2.2%

Avg return

5 days after

-0.9%

Avg return

30 days after

63%

15 / 24 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
Q4 2025+0.9%-14.8%
Q1 2026+3.5%-16.1%-13.2%
Q3 2025+3.1%-4.6%-4.6%
Q2 2025+12.8%+19.9%+0.5%
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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