NASDAQ$TPST

Tempest Therapeutics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported financial results for the year ended December 31, 2022 and provided a corporate update.

Tempest Therapeutics reported a net loss of $35.7 million for the year ended December 31, 2022. The company ended the year with $31.2 million in cash and cash equivalents.

  • TPST-1120 randomized combination study in first-line HCC patients with partner Roche is fully enrolled, with initial data expected in the first half of 2023
  • New data on TPST-1120 biomarker and proprietary small molecule TREX1 inhibitor accepted for presentation at AACR 2023
  • TPST-1495 Phase 1 monotherapy and combination dose escalation and optimization ongoing, with initial data release planned by mid 2023
  • Ended the year with $31.2 million in cash and cash equivalents

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.63

Previous: $0.02-3250.0%
Capital Expenditures

$356K

Previous: $27K+1218.5%
Free Cash Flow

-$6.84M

Previous: -$8.01M+14.7%
Net Income

-$35.7M

Previous: -$28.3M-26.2%
Operating Income

-$34.6M

Previous: -$46.6M+25.7%
Cash & Equivalents

$31.2M

Previous: $51.8M-39.7%
Total Assets

$46.1M

Previous: $73.2M-37.1%

Revenue & EPS history

Tempest · Revenue · Quarterly

$0

Q4 2022

Forward guidance

Based on current cash position and operating plan, Tempest expects to have sufficient resources to fund operations through the second quarter of 2024.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-2.1%

Avg return

Earnings day

-3.1%

Avg return

5 days after

-10.2%

Avg return

30 days after

34%

12 / 35 earnings

Positive

+15.8%

Q2 2022

Best reaction

-41.3%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+1.2%+4.5%-36.2%
Q3 2025-3.2%-3.3%-68.6%
Q2 2025+10.0%+31.5%+33.7%
Q1 2025-2.6%-8.2%+0.7%
Q4 2024+5.9%-9.5%-28.9%
Q3 2024-11.5%-19.1%-24.1%
Q2 2024-16.8%-21.4%-11.4%
Q1 2024-5.5%-2.0%-10.4%
Q4 2023-3.1%-5.9%-18.1%
Q3 2023+6.1%+11.7%+3.6%
Q2 2023+7.2%+13.5%-29.1%
Q1 2023+3.4%+6.3%-42.0%
Q4 2022+10.2%+8.1%+80.3%
Q3 2022-12.1%-11.5%-14.0%
Q2 2022+15.8%+18.2%+5.1%
Q1 2022+5.9%+12.9%-2.2%
Q4 2021-3.6%-18.8%-12.4%
Q3 2021-2.5%-7.8%-35.5%
Q2 2021-0.1%-6.3%+6.3%
Q1 2021-0.8%-1.6%-10.2%
Q4 2020-41.3%-41.7%-46.3%
Q3 2020-1.3%-1.3%+28.2%
Q2 2020-2.6%-3.6%-17.7%
Q1 2020-4.7%+0.0%+32.0%
Q3 2019-2.7%+1.2%-21.1%
Q2 2019-0.5%-7.4%-23.2%
Q1 2019+2.6%+0.9%-21.2%
Q3 2018-5.2%-13.0%-10.0%
Q2 2018-14.4%-8.9%-15.6%
Q1 2018+0.7%+0.7%-4.7%
Q3 2017-4.6%-2.9%-0.7%
Q2 2017+3.1%-2.5%-12.3%
Q1 2017-0.4%-1.8%-8.1%
Q3 2016-6.8%-31.6%-35.4%
Q2 2016-0.5%+11.2%+12.7%
Q1 2016
Q3 2015
Q2 2015
Q1 2015

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