NASDAQ$ORIC

ORIC Pharmaceuticals Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

ORIC Pharmaceuticals reported financial results for Q3 2021 and provided an operational update.

ORIC Pharmaceuticals reported its Q3 2021 financial results, highlighting the advancement of its pipeline, including initial clinical data from the ORIC-101 Phase 1b trial and preclinical data on ORIC-114. The company's cash and investments of $296.5 million are expected to fund operations into 2024.

  • Initial clinical data from Phase 1b trial of ORIC-101 in combination with enzalutamide was presented at AACR-NCI-EORTC.
  • Preclinical data on ORIC-114 was presented at AACR-NCI-EORTC.
  • An update on the oral CD73 inhibitor program will be presented at the American Society of Hematology (ASH) Annual Meeting.
  • Phase 1 trial initiation of single agent ORIC-533 in patients with multiple myeloma is expected in 4Q 2021.

Headline financials

EPS (adj)

-$0.47

Previous: -$0.84+44.0%
R&D Expenses

$12.9M

Previous: $8.83M+46.1%
G&A Expenses

$5.6M

Previous: $3.8M+47.4%
Capital Expenditures

$233K

No prior period
Free Cash Flow

-$12.4M

No prior period
Net Income

-$18.4M

Previous: -$25.5M+27.9%
Operating Income

-$18.5M

Previous: -$25.6M+27.9%
Cash & Equivalents

$290M

Previous: $187M+55.1%
Total Assets

$314M

No prior period
Stock-Based Comp

$3.4M

No prior period

Revenue & EPS history

ORIC Pharmaceuticals · Revenue · Quarterly

$0

Q2 2025

Forward guidance

ORIC anticipates several milestones in the fourth quarter of 2021.

Tailwinds

  • Present update on oral CD73 inhibitor program at the ASH Annual Meeting
  • Initiate single agent Phase 1 trial in patients with multiple myeloma (ORIC-533)
  • File IND for ORIC-944
  • CTA filing submitted for ORIC-114
  • IND filing for ORIC-944 expected in 4Q 2021

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 Q3 2021

Historical avgQ3 2021

+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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