NASDAQ$RPTX

Repare Therapeutics Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported initial camonsertib data and advanced pipeline programs.

Repare Therapeutics reported financial results for the first quarter ended March 31, 2023. The company continues to execute clinically and across pipeline programs, including presenting initial clinical data of camonsertib in combination with various PARP inhibitors from the ongoing TRESR and ATTACC trials. They are on track to present initial Phase 1 monotherapy data for RP-6306 in June.

  • Presented initial clinical data of camonsertib in combination with PARP inhibitors at AACR conference.
  • Camonsertib combination therapy showed 48% CBR across tumor types.
  • On track to report initial RP-6306 monotherapy data from Phase 1 MYTHIC clinical trial in June 2023.
  • Appointed Susan Molineaux, Ph.D. to Board of Directors and added Daniel Belanger to senior leadership team.

Headline financials

Total Revenue

$5.68M

Previous: $408K+1291.7%
EPS (adj)

-$0.83

Previous: -$0.83+0.0%
Capital Expenditures

$475K

Previous: $487K-2.5%
Free Cash Flow

-$32.3M

Previous: -$30.5M-5.8%
Net Income

-$34.9M

Previous: -$34.8M-0.5%
Operating Income

-$34.7M

Previous: -$34.8M+0.4%
Cash & Equivalents

$121M

Previous: $305M-60.2%
Total Assets

$336M

Previous: $337M-0.3%
Stock-Based Comp

$6.06M

Previous: $4.76M+27.5%

Revenue & EPS history

Repare Therapeutics · Revenue · Quarterly

$5.68M

Q1 2023+1,291.7%vs Q1 2022
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Forward guidance

Repare expects to report initial Phase 1 monotherapy clinical data for RP-6306 for the treatment of molecularly selected advanced solid tumors (MYTHIC) in June 2023. The Company expects to report initial Phase 1 combination therapy clinical data for RP-6306 for the treatment of molecularly selected advanced solid tumors in the fourth quarter of the year.

Tailwinds

  • Present initial Phase 1 monotherapy data for RP-6306 in June 2023
  • Report initial Phase 1 combination therapy clinical data for RP-6306 in the fourth quarter of the year
  • Initiate clinical testing of RP-6306 combination with carboplatin
  • Evaluate RP-6306 in patients with selected, advanced cancers receiving standard agents
  • Advance preclinical programs into clinical development

Headwinds

  • Evolving impact of macroeconomic events on the Company’s business
  • Unexpected safety or efficacy data observed during preclinical studies or clinical trials
  • Clinical trial site activation or enrollment rates that are lower than expected
  • Changes in expected or existing competition
  • Changes in the regulatory environment

Historical earnings impact

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

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

+0.7%

Avg return

Earnings day

+3.3%

Avg return

5 days after

-0.1%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+19.7%

Q2 2023

Best reaction

-13.5%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-2.4%+27.5%+26.3%
Q2 2025+0.0%+3.3%+11.2%
Q1 2025+3.8%+0.0%+9.1%
Q4 2024-1.7%+0.9%-9.4%
Q3 2024-0.6%-4.4%-13.5%
Q2 2024-4.8%-8.3%-11.9%
Q1 2024+11.5%+7.7%+17.4%
Q4 2023+4.4%-0.6%-29.9%
Q3 2023-6.6%
Q2 2023+19.7%
Q1 2023+1.5%
Q4 2022+2.0%
Q3 2022+7.7%
Q2 2022+0.2%
Q1 2022-9.2%
Q4 2021+0.4%
Q3 2021+2.2%
Q2 2021-0.2%
Q1 2021+0.5%
Q4 2020-13.5%
Q3 2020-2.3%
Q2 2020+2.6%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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