NASDAQ$NKTX

Nkarta Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Nkarta reported financial results for the third quarter ended September 30, 2021.

Nkarta reported a net loss of $22.4 million for the third quarter of 2021. As of September 30, 2021, Nkarta had cash, cash equivalents, restricted cash and short-term investments of $259.8 million. The company expects its current cash and cash equivalents will be sufficient to fund its current operating plan into at least the second half of 2023.

  • Initial data expected in 1H 2022 from Phase 1 clinical trial of NKX101 in AML and MDS
  • Successful dosing of NKX019 in patients with B cell malignancies; initial Phase 1 clinical trial data expected in 2022
  • Nkarta is producing the clinical supply of NKX019 at its recently commissioned in-house cGMP clinical manufacturing facility in South San Francisco, California.
  • Nkarta entered a lease agreement to establish a new 88,000 square foot combined manufacturing facility and company headquarters.

Headline financials

Total Revenue

$0.00

Previous: $115K-100.0%
EPS (adj)

-$0.68

Previous: -$0.44-54.5%
R&D Expenses

$16.6M

Previous: $9.8M+69.6%
G&A Expenses

$5.81M

Previous: $3.9M+49.0%
Capital Expenditures

-$3.93M

Previous: -$6.44M+39.0%
Free Cash Flow

-$26.3M

Previous: -$20.1M-30.5%
Net Income

-$22.4M

Previous: -$13.7M-63.2%
Operating Income

-$22.4M

Previous: -$13.7M-63.2%
Gross Profit

$0.00

Previous: $0.00
Cash & Equivalents

$260M

Previous: $330M-21.3%
Total Assets

$292M

No prior period
Stock-Based Comp

$3.69M

No prior period

Revenue & EPS history

Nkarta · Revenue · Quarterly

$0

Q3 2021-100%vs Q3 2020

Forward guidance

Nkarta expects its current cash and cash equivalents will be sufficient to fund its current operating plan into at least the second half of 2023.

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 Q3 2021

Historical avgQ3 2021

+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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro