NASDAQ$TECX

Tectonic Therapeutic Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

TECX Q1 2024 — $15.0M revenue

Failure to complete the merger may result in either AVROBIO or Tectonic paying a termination fee to the other party, and could harm the AVROB. Tectonic Therapeutic Inc reported Q1 2024 results. Net income of $25.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $15.0M.
  • Net income: $25.0M.
  • Operating income: $8K.

Headline financials

Total Revenue

$0.00

Previous: $23K-100.0%
EPS

-$0.15

Previous: -$0.57+73.7%
Capital Expenditures

$0.00

Previous: -$8K+100.0%
Free Cash Flow

-$6.81M

Previous: -$25M+72.7%
Net Income

-$6.81M

Previous: -$25M+72.7%
Operating Income

-$7.94M

Previous: -$25.2M+68.5%
Gross Profit

-$339K

Previous: -$647K+47.6%
R&D Expense

$463K

No prior period
Stock-Based Comp

$878K

Previous: $2.53M-65.3%

Revenue & EPS history

Tectonic · Revenue · Quarterly

$0

Q1 2024-100%vs Q1 2023

Historical earnings impact

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

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-1.4%

Avg return

Earnings day

-1.0%

Avg return

5 days after

+2.9%

Avg return

30 days after

41%

7 / 17 earnings

Positive

+11.1%

Q4 2021

Best reaction

-20.3%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-2.4%+14.5%+22.6%
Q3 2025+1.5%-0.7%+4.9%
Q1 2025-0.9%+3.5%-13.4%
Q4 2024+1.0%-11.8%+11.0%
Q3 2024-2.0%+6.5%+14.8%
Q1 2024+0.0%-0.8%-7.0%
Q4 2023+0.8%-2.3%-1.6%
Q3 2023-9.9%-13.2%-7.2%
Q2 2023+0.6%-1.9%+4.5%
Q1 2023-4.5%-4.5%+82.1%
Q4 2022-20.3%-14.6%-23.6%
Q3 2022-1.5%+12.1%+19.7%
Q2 2022+5.0%+5.9%-12.9%
Q1 2022-7.3%-1.2%+30.5%
Q4 2021+11.1%+12.5%-20.8%
Q3 2021-1.0%-3.8%-40.7%
Q2 2021+6.5%-17.0%-13.5%

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