NASDAQ$NTLA

Intellia Therapeutics Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported operational highlights and financial results.

Intellia Therapeutics reported progress in advancing its pipeline of CRISPR-based gene editing therapies, including the initiation of the HAELO Phase 3 study and continued strong enrollment in the MAGNITUDE Phase 3 study. The company ended the quarter with $944.7 million in cash, cash equivalents and marketable securities.

  • Received IND clearance from the U.S. FDA to initiate MAGNITUDE-2 Phase 3 trial of nexiguran ziclumeran (nex-z) in patients with hereditary transthyretin (ATTR) amyloidosis with polyneuropathy; on track to initiate study by year-end
  • Strong patient enrollment continues in the MAGNITUDE Phase 3 study of nex-z for ATTR amyloidosis with cardiomyopathy, tracking ahead of plans
  • Actively screening patients in the HAELO Phase 3 study of NTLA-2002 for hereditary angioedema (HAE)
  • On track to dose the first patient by year-end in the Phase 1/2 study of NTLA-3001, an in vivo gene insertion candidate for the treatment of alpha-1 antitrypsin deficiency (AATD)

Headline financials

Total Revenue

$9.11M

Previous: $12M-24.0%
EPS

-$1.34

Previous: -$1.38+2.9%
Capital Expenditures

-$4.8M

Previous: -$12.5M+61.5%
Free Cash Flow

-$141M

Previous: -$135M-4.3%
Net Income

-$136M

Previous: -$122M-11.0%
Operating Income

-$145M

Previous: -$131M-10.4%
Gross Profit

$0.00

Previous: $9.7M-100.0%
R&D Expense

$123M

Previous: $114M+8.5%
Stock-Based Comp

$39.6M

Previous: $35.4M+12.1%

Revenue & EPS history

Intellia · Revenue · Quarterly

$9.11M

Q3 2024-24%vs Q3 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

Intellia expects to dose the first patient in the Phase 1/2 study of NTLA-3001 by year-end.

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 2024

Historical avgQ3 2024

+0.5%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-0.4%

Avg return

30 days after

50%

20 / 40 earnings

Positive

+20.4%

Q4 2021

Best reaction

-21.0%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.4%-3.1%-13.4%
Q4 2025+6.2%+1.4%-7.8%
Q3 2025-9.2%-25.0%-29.2%
Q1 2025+13.6%+14.1%+11.0%
Q4 2024+0.6%-15.8%-25.3%
Q3 2024+4.2%+3.7%-8.3%
Q2 2024+0.7%+5.2%-7.5%
Q1 2024+6.3%+11.9%-1.2%
Q4 2023-2.9%+15.4%+0.1%
Q3 2023-15.2%-7.0%+2.0%
Q2 2023-0.3%+0.8%-5.1%
Q1 2023+13.8%+14.0%+6.2%
Q4 2022-3.1%+3.2%-1.6%
Q3 2022-0.3%-3.1%-9.7%
Q2 2022-11.7%-15.7%-21.9%
Q1 2022-14.6%-20.3%-18.7%
Q4 2021+20.4%-0.2%-11.7%
Q3 2021-0.3%+1.8%-25.7%
Q2 2021+13.9%+6.1%+20.3%
Q1 2021-5.1%-7.3%+1.2%
Q4 2020-5.1%-2.7%+1.6%
Q3 2020+3.3%+8.6%+59.9%
Q2 2020+0.9%-0.4%-7.8%
Q1 2020-1.5%+14.7%+46.9%
Q4 2019+8.6%+9.6%-3.1%
Q3 2019+15.5%+8.7%+47.2%
Q2 2019-2.7%-4.1%-21.6%
Q1 2019+9.5%+11.7%-4.0%
Q4 2018+5.0%+14.3%+17.7%
Q3 2018+4.0%+3.1%-3.3%
Q2 2018-0.2%+2.7%+16.2%
Q1 2018+6.4%+4.7%+35.4%
Q4 2017-21.0%-29.2%-33.9%
Q3 2017-10.9%-23.2%-21.2%
Q2 2017-9.6%-4.4%+24.9%
Q1 2017-9.0%-10.7%-20.2%
Q4 2016-4.0%+0.6%-2.6%
Q3 2016-5.7%+1.1%+12.7%
Q2 2016+14.0%+5.9%+11.9%
Q1 2016+3.1%-0.1%-26.0%
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q2 2014

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