NASDAQ$ORIC

ORIC Pharmaceuticals Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

ORIC Pharmaceuticals reported financial results and operational updates

ORIC Pharmaceuticals reported its Q1 2022 financial results, highlighting progress in its pipeline of novel oncology candidates and the expectation to report initial data from three ongoing studies in the first half of 2023. The company's cash and investments are expected to fund its current operating plan into 2H 2024.

  • Three ongoing single agent Phase 1 programs, ORIC-533, ORIC-114, and ORIC-944, are expected to report initial data in 1H2023.
  • Preclinical data was presented at the 2022 AACR Annual Meeting.
  • Cash and investments totaled $256.2 million as of March 31, 2022.
  • The company expects its cash and investments to fund the current operating plan into 2H 2024.

Headline financials

EPS (adj)

-$0.59

Previous: -$0.45-31.1%
Capital Expenditures

$723K

No prior period
Free Cash Flow

-$23.4M

No prior period
Net Income

-$23.2M

Previous: -$16.5M-40.3%
Operating Income

-$23.3M

Previous: -$16.6M-40.5%
Cash & Equivalents

$235M

Previous: $278M-15.6%
Total Assets

$275M

No prior period
Stock-Based Comp

$3.95M

No prior period

Revenue & EPS history

ORIC Pharmaceuticals · Revenue · Quarterly

$0

Q2 2025

Forward guidance

ORIC anticipates initial Phase 1b data from ORIC-533, ORIC-114, and ORIC-944 in 1H 2023.

Tailwinds

  • ORIC-533: Initial Phase 1b data in 1H 2023
  • ORIC-114: Initial Phase 1b data in 1H 2023
  • ORIC-944: Initial Phase 1b data in 1H 2023

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+1.2%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+8.0%

Avg return

30 days after

57%

13 / 23 earnings

Positive

+14.7%

Q2 2023

Best reaction

-29.8%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+14.7%+14.9%+5.7%
Q3 2025+0.3%-5.8%-23.1%
Q2 2025-1.0%-7.9%+8.9%
Q1 2025+8.7%+25.8%+98.9%
Q4 2024+0.8%+2.1%-43.5%
Q3 2024-0.3%-17.5%-18.2%
Q1 2024-1.0%-7.4%-5.6%
Q4 2023-4.5%+0.7%-33.3%
Q3 2023-3.2%-11.9%+26.4%
Q2 2023+14.7%+13.8%+17.3%
Q1 2023-0.4%+0.1%+11.4%
Q4 2022+5.3%+14.8%+39.5%
Q3 2022+2.8%+17.9%+35.4%
Q2 2022+3.2%-2.1%-26.4%
Q1 2022-3.4%-4.4%+52.0%
Q4 2021-29.8%-33.0%-42.6%
Q3 2021+7.1%+8.4%-7.1%
Q2 2021+9.4%+13.6%+45.2%
Q1 2021+2.1%+6.1%-17.0%
Q4 2020-6.2%-7.6%-10.2%
Q3 2020+3.8%+4.4%+55.6%
Q2 2020+12.5%+12.4%+7.8%
Q1 2020-8.7%-11.3%+7.3%
Q3 2019
Q2 2019
Q1 2019

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