NASDAQ$THRD
Third Harmonic Bio Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Third Harmonic Bio announced a plan of liquidation with an estimated initial distribution of $5.13–$5.33 per share.
The board approved a Plan of Liquidation and Dissolution on April 10, 2025, subject to stockholder approval at the June 5, 2025 annual meeting. The company expects to file a Certificate of Dissolution in Q3 2025. Estimated total distributions are $246.6M–$259.8M ($5.13–$5.42 per share), with an initial distribution of $246.6M–$255.4M ($5.13–$5.33 per share) after dissolution filing. THB335 Phase 2 readiness will complete by mid-year to maximize asset-sale proceeds.
- Board approved liquidation plan; stockholder vote June 5, 2025.
- Initial distribution est. $5.13–$5.33 per share in Q3 2025.
- Total distribution range $5.13–$5.42 per share.
- Asset sale process for THB335 to follow dissolution approval.
Headline financials
Revenue & EPS history
Third Harmonic · Revenue · Quarterly
$0
Forward guidance
Stockholders will vote June 5, 2025 on dissolution; initial cash distribution of roughly $5.13–$5.33 per share expected in Q3 2025 after Certificate of Dissolution, plus potential proceeds from THB335 asset sales.
Tailwinds
- Substantial cash return to shareholders via orderly wind-down.
- Completing THB335 Phase 2 readiness by mid-year to maximize asset value.
Headwinds
- Board may abandon the plan before effectiveness.
- Final per-share amounts depend on liabilities, taxes, and asset-sale outcomes.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 5 quarterly earnings reports · overlaid with Q4 2024
+1.0%
Avg return
Earnings day
+14.2%
Avg return
5 days after
+13.0%
Avg return
30 days after
40%
6 / 15 earnings
Positive
+13.0%
Q3 2024
Best reaction
-11.1%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2025 | +0.6% | -0.2% | +5.8% | |
| Q4 2024 | -1.1% | +42.1% | +41.9% | |
| Q3 2024 | +13.0% | +13.0% | -11.2% | |
| Q2 2024 | +10.6% | +11.5% | +9.2% | |
| Q1 2024 | +10.2% | +11.8% | +3.3% | |
| Q4 2023 | +8.0% | +7.1% | +29.2% | |
| Q3 2023 | +0.8% | — | — | |
| Q2 2023 | -6.4% | — | — | |
| Q1 2023 | -11.1% | — | — | |
| Q4 2022 | -3.5% | — | — | |
| Q3 2021 | -1.2% | — | — | |
| Q4 2021 | -1.2% | — | — | |
| Q3 2022 | -1.2% | — | — | |
| Q1 2022 | -1.2% | — | — | |
| Q2 2022 | -1.2% | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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