NASDAQ$RAPT

RAPT Therapeutics Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

RAPT Therapeutics reported financial results, highlighting positive topline results from Phase 1b clinical trial of RPT193 in atopic dermatitis and a public offering that bolstered cash position.

RAPT Therapeutics reported a net loss of $16.1 million for the second quarter of 2021, compared to a net loss of $12.4 million for the same period in 2020. The company highlighted positive results from a Phase 1b clinical trial and the closing of a public offering that increased their cash reserves.

  • Announced positive topline results from Phase 1b clinical trial of RPT193 in atopic dermatitis.
  • Closed an underwritten public offering with net proceeds of $134.6 million.
  • Demonstrated early proof-of-concept for RPT193 and FLX475 in atopic dermatitis and cancer, respectively.
  • Well positioned to advance product development efforts and report additional data.

Headline financials

Total Revenue

$869K

Previous: $1.28M-31.9%
EPS (adj)

-$0.63

Previous: -$0.51-23.5%
Capital Expenditures

-$291K

Previous: -$98K-196.9%
Free Cash Flow

-$28.1M

Previous: -$15.3M-84.1%
Net Income

-$16.1M

Previous: -$12.4M-30.1%
Operating Income

-$16.1M

Previous: -$12.5M-28.5%
Gross Profit

$869K

No prior period
Cash & Equivalents

$86.2M

Previous: $29M+197.8%
Total Assets

$231M

Previous: $140M+65.4%
Stock-Based Comp

$2.89M

No prior period

Revenue & EPS history

RAPT · Revenue · Quarterly

$869K

Q2 2021-31.9%vs Q2 2020
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements. These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future performances or achievements expressed or implied by the forward-looking statements.

Historical earnings impact

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

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

-1.6%

Avg return

Earnings day

-11.5%

Avg return

5 days after

-5.0%

Avg return

30 days after

44%

11 / 25 earnings

Positive

+38.7%

Q3 2022

Best reaction

-45.8%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+2.6%+4.5%+21.9%
Q2 2025+1.0%+8.6%+28.1%
Q1 2025+0.0%-8.3%+46.2%
Q4 2024-0.9%+0.9%-6.2%
Q3 2024-10.3%-37.1%-41.7%
Q2 2024-5.8%+2.5%-23.3%
Q1 2024-45.7%-50.1%-51.8%
Q4 2023-0.7%-13.0%-13.6%
Q3 2023+8.2%
Q2 2023-4.8%
Q1 2023-3.5%
Q4 2022-28.4%
Q3 2022+38.7%
Q2 2022+18.7%
Q1 2022+9.7%
Q4 2021+9.2%
Q3 2021-1.9%
Q2 2021-0.4%
Q1 2021-4.0%
Q4 2020+12.0%
Q3 2020-45.8%
Q2 2020+12.3%
Q1 2020+3.7%
Q4 2019+8.7%
Q3 2019-12.3%
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro