NASDAQ$TRAW

Traws Pharma Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Announced plans for a Phase 1/2a trial of narazaciclib combined with letrozole in endometrial cancer and reported third quarter 2022 financial results.

Onconova Therapeutics reported its Q3 2022 financial results, highlighting the upcoming Phase 1/2a trial of narazaciclib combined with letrozole in recurrent metastatic low-grade endometrioid endometrial cancer (LGEEC). The company's cash and cash equivalents are expected to fund operations into 2024.

  • Phase 1/2a trial of narazaciclib combined with letrozole in recurrent metastatic low-grade endometrioid endometrial cancer (LGEEC) is expected to start in 1Q23, with preliminary data expected in 4Q23.
  • Rigosertib's investigator-sponsored studies have complemented efforts in the narazaciclib program, with recent data showing complete and partial responses in advanced KRAS-mutated non-small cell lung cancer when combined with a PD-1 checkpoint inhibitor.
  • Cash and cash equivalents as of September 30, 2022, were $42.6 million, expected to fund operations into 2024.
  • Net loss for the third quarter of 2022 was $5.4 million, or $0.26 per share.

Headline financials

Total Revenue

$57K

Previous: $57K+0.0%
EPS (adj)

-$6.50

Previous: -$5.25-23.8%
Free Cash Flow

-$5.4M

Previous: -$3.47M-55.7%
Net Income

-$5.4M

Previous: -$3.45M-56.3%
Operating Income

-$5.64M

Previous: -$3.99M-41.4%
Gross Profit

$57K

Previous: $57K+0.0%
Cash & Equivalents

$42.6M

Previous: $59.4M-28.3%
Total Assets

$43.8M

Previous: $60M-27.0%
Stock-Based Comp

$305K

Previous: $190K+60.5%

Revenue & EPS history

Onconova · Revenue · Quarterly

$57K

Q3 2022+0%vs Q3 2021
Beat estimate in 0 of 11 quarters(0%)
ActualEstimate

Forward guidance

Onconova expects that its cash and cash equivalents will be sufficient to fund ongoing clinical trials and business operations into 2024.

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 2022

Historical avgQ3 2022

-0.7%

Avg return

Earnings day

-2.6%

Avg return

5 days after

-5.0%

Avg return

30 days after

25%

9 / 36 earnings

Positive

+22.6%

Q3 2025

Best reaction

-22.6%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+15.3%
Q4 2026-22.6%-12.6%+18.2%
Q3 2025+22.6%+19.2%+31.6%
Q2 2025-1.2%-18.3%+16.5%
Q1 2025-3.6%+1.4%+2.1%
Q4 2024+6.0%-1.0%-30.5%
Q3 2024-11.7%-16.8%-17.7%
Q2 2024-2.7%+5.4%-5.4%
Q1 2024-2.5%-1.5%-9.1%
Q4 2023-1.5%-19.8%-34.7%
Q3 2023-3.1%+0.0%+15.4%
Q2 2023-2.0%-11.2%-20.4%
Q1 2023-4.0%-5.3%+53.3%
Q4 2022-3.9%-5.3%+51.3%
Q3 2022+18.3%+36.6%+7.0%
Q2 2022+3.9%-1.6%-10.1%
Q1 2022-1.6%-2.1%-26.1%
Q4 2021+10.0%+13.7%+0.6%
Q3 2021+1.2%-1.5%-18.3%
Q2 2021-4.4%-11.8%-1.2%
Q1 2021-3.1%-9.0%-26.4%
Q4 2020+0.0%-3.6%-97.0%
Q3 2020+0.0%+3.8%+42.3%
Q2 2020-3.6%-6.4%-79.1%
Q1 2020+0.0%+5.6%+69.4%
Q3 2019-7.1%-16.7%-35.7%
Q2 2019-2.1%-5.6%+7.3%
Q1 2019-6.3%-11.5%-15.9%
Q3 2018-11.5%-3.1%-25.1%
Q2 2018-9.1%-6.8%+11.4%
Q1 2018-5.4%-2.7%+40.5%
Q3 2017-2.1%-16.8%-22.1%
Q2 2017-0.5%-16.7%-19.3%
Q1 2017-0.5%-0.5%-9.0%
Q3 2016+11.0%+28.7%-15.8%
Q2 2016+2.5%+4.2%-21.9%

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