NASDAQ$RPTX

Repare Therapeutics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported financial results for the third quarter ended September 30, 2021 and provided a business update.

Repare Therapeutics reported initial data from the Phase 1/2 TRESR trial at the AACR-NCI-EORTC conference, demonstrating a favorable safety profile and promising early activity for RP-3500. The company raised gross proceeds of $101.2 million in an upsized follow-on public offering and appointed Thomas Civik as the new Chairman of the Board. Net loss for the quarter was $30.9 million, or $0.83 per share.

  • Announced initial monotherapy clinical data from Phase 1/2 TRESR study of RP-3500 in patients with solid tumors at the AACR-NCI-EORTC conference.
  • Raised Gross Proceeds of $101.2 Million in Upsized Follow-on Public Offering.
  • Appointed Thomas Civik to Board of Directors as new Chairman.
  • Achieved $0.9 million (¥100 million) research trigger pursuant to the terms of its research services, license and collaboration agreement with Ono Pharmaceutical Co., Ltd

Headline financials

Total Revenue

$278K

No prior period
EPS (adj)

-$0.83

Previous: -$0.37-124.3%
Net R&D expenses

$25.4M

Previous: $10.1M+151.3%
Capital Expenditures

$324K

No prior period
Free Cash Flow

-$33.1M

No prior period
Net Income

-$30.9M

Previous: -$13.8M-124.7%
Operating Income

-$31.7M

Previous: -$14.1M-124.9%
Cash & Equivalents

$261M

Previous: $348M-25.0%
Total Assets

$296M

Previous: $370M-20.1%
Stock-Based Comp

$3.69M

No prior period

Revenue & EPS history

Repare Therapeutics · Revenue · Quarterly

$278K

Q3 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Final readouts from patients enrolled in the monotherapy arm of the TRESR trial, as well as initial data from the combination arm testing RP-3500 together with PARP inhibitors, are expected in 2022.

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

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