NASDAQ$ORIC

ORIC Pharmaceuticals Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Discontinued development of ORIC-101 and focused on advancing three single agent Phase 1 programs.

ORIC Pharmaceuticals discontinued the development of ORIC-101 after interim analyses showed insufficient clinical activity. The company will now focus on advancing its three single agent Phase 1 programs and expects to report initial data in the first half of 2023. With cash and investments of $280.4 million, the company's cash runway is extended into the second half of 2024.

  • ORIC Pharmaceuticals discontinued development of ORIC-101 due to insufficient clinical activity in Phase 1b studies.
  • The company will focus on advancing ORIC-533, ORIC-114, and ORIC-944, with initial data expected in 1H 2023.
  • ORIC-114 Clinical Trial Application was filed in Q4 2021 and cleared by the regulatory authorities of the Republic of Korea in Q1 2022.
  • Cash runway is expected to extend into the second half of 2024, with cash and investments totaling $280.4 million as of December 31, 2021.

Headline financials

EPS (adj)

-$0.58

Previous: -$0.84+31.0%
Capital Expenditures

$389K

No prior period
Free Cash Flow

-$16.7M

No prior period
Net Income

-$22.8M

Previous: -$28.3M+19.4%
Operating Income

-$22.8M

Previous: -$28.3M+19.4%
Cash & Equivalents

$237M

Previous: $294M-19.3%
Total Assets

$299M

Previous: $299M-0.1%
Stock-Based Comp

$3.5M

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 the first half of 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 Q4 2021

Historical avgQ4 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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