NASDAQ$NKTX

Nkarta Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Nkarta reported financial results for the third quarter ended September 30, 2022.

Nkarta reported a net loss of $28.3 million for the third quarter of 2022. As of September 30, 2022, Nkarta had cash, cash equivalents, restricted cash, and short-term investments of $395.1 million.

  • NKX101 and NKX019 allogeneic cell therapy programs continue to advance following initial clinical data reported in April 2022
  • NKX019 Phase 1 clinical trial recently opened dose expansion cohorts
  • Next NKX019 clinical update is expected by year-end 2022
  • Next NKX101 clinical update is expected in first half of 2023

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.58

Previous: -$0.68+14.7%
Capital Expenditures

-$12.1M

Previous: -$3.93M-207.0%
Free Cash Flow

-$40.4M

Previous: -$26.3M-53.8%
Net Income

-$28.3M

Previous: -$22.4M-26.8%
Operating Income

-$30.3M

Previous: -$22.4M-34.9%
Gross Profit

$0.00

Previous: $0.00
Cash & Equivalents

$395M

Previous: $260M+52.1%
Total Assets

$504M

Previous: $292M+72.3%
Stock-Based Comp

$4.39M

Previous: $3.69M+18.9%

Revenue & EPS history

Nkarta · Revenue · Quarterly

$0

Q3 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 Q3 2022

Historical avgQ3 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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