NASDAQ$PROK

ProKidney Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

ProKidney listed on the Nasdaq exchange and raised capital to meet clinical milestones.

ProKidney reported financial results for the third quarter ended September 30, 2022. The company made significant advancements in its mission to improve the lives and outcomes for people with CKD, including listing on the Nasdaq and raising capital.

  • Received allowance of the proact 1 Phase 3 study protocol for its investigational candidate REACT by the UK’s MHRA.
  • Received favorable scientific advice from the EMA on the adequacy of its Phase 3 development program.
  • Remain on-track and continue to enroll subjects in the proact 1 global Phase 3 randomized, blinded, sham-controlled study.
  • Successfully completed a listing on Nasdaq raising net proceeds of $512 million.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.13

No prior period
Net Income

-$33.9M

No prior period
Operating Income

-$35.6M

No prior period
Cash & Equivalents

$506M

No prior period

Revenue & EPS history

ProKidney · Revenue · Quarterly

$0

Q3 2022
Beat estimate in 2 of 2 quarters(100%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-2.4%

Avg return

Earnings day

-3.0%

Avg return

5 days after

+2.6%

Avg return

30 days after

25%

4 / 16 earnings

Positive

+18.0%

Q1 2024

Best reaction

-13.1%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.3%-1.2%-4.7%
Q4 2025-4.0%-8.9%+2.3%
Q3 2025-8.8%-16.6%-24.9%
Q2 2025-0.9%+4.7%+32.2%
Q1 2025-6.0%-9.3%-1.4%
Q4 2024-6.8%-7.7%-23.9%
Q3 2024-3.7%-21.2%-12.6%
Q2 2024-0.5%+9.1%+11.5%
Q1 2024+18.0%+50.2%+22.2%
Q4 2023-4.1%+8.9%+39.7%
Q3 2023-13.1%-24.4%+20.0%
Q2 2023+0.4%-14.5%-37.5%
Q1 2023+1.2%+8.1%+34.0%
Q4 2022-9.8%-12.9%-24.6%
Q3 2022-4.7%-14.8%-23.6%
Q2 2022+7.3%+2.7%+32.6%

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