NASDAQ$TNGX

Tango Therapeutics Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

TNGX Q3 2024 — $100.0M revenue

Further, we face substantial competition, which may result in others discovering, developing or commercializing products before or more successfully than we d. Tango Therapeutics Inc reported Q3 2024 results. Net income of $92.6M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $100.0M.
  • Net income: $92.6M.
  • Operating income: $33K.

Headline financials

Total Revenue

$11.6M

Previous: $10.7M+8.2%
EPS

-$0.27

Previous: -$0.23-17.4%
Capital Expenditures

-$630K

Previous: -$1.3M+51.5%
Free Cash Flow

-$29.8M

Previous: -$23.6M-26.5%
Net Income

-$29.2M

Previous: -$22.3M-31.0%
Operating Income

-$32.9M

Previous: -$25.6M-28.3%
Gross Profit

$11.6M

Previous: $10.7M+8.2%
R&D Expense

$33.3M

Previous: $27.1M+22.5%
Stock-Based Comp

$7.18M

Previous: $4.86M+47.7%

Revenue & EPS history

Tango Therapeutics · Revenue · Quarterly

$11.6M

Q3 2024+8.2%vs Q3 2023
Beat estimate in 6 of 13 quarters(46%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.6%

Avg return

Earnings day

+6.7%

Avg return

5 days after

+25.5%

Avg return

30 days after

58%

11 / 19 earnings

Positive

+36.4%

Q4 2025

Best reaction

-45.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.6%-12.1%
Q4 2025+36.4%+33.6%+75.1%
Q3 2025+0.2%-1.7%+23.6%
Q1 2025+17.1%+31.6%+315.8%
Q4 2024-6.5%-21.0%-36.9%
Q3 2024-45.4%-34.7%-34.7%
Q2 2024-1.8%-5.7%+20.9%
Q1 2024-0.8%-6.9%-12.1%
Q4 2023-9.7%-14.4%-17.4%
Q3 2023+3.8%-12.1%+6.6%
Q2 2023+1.2%+120.9%+113.5%
Q1 2023+6.4%+4.4%-0.3%
Q4 2022-9.4%-5.3%-21.6%
Q3 2022-5.3%+6.7%-1.3%
Q2 2022+22.4%+32.8%-8.1%
Q1 2022-7.6%+1.2%-3.8%
Q4 2021+0.3%+6.8%+1.3%
Q3 2021+0.4%+5.2%-10.7%
Q2 2021+1.1%-2.2%+49.4%

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