NASDAQ$TRML

Tourmaline Bio Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported financial results and provided a business update, highlighting progress in clinical trials and pipeline advancement.

Talaris Therapeutics announced its Q3 2021 financial results, reporting a net loss of $12.9 million, or $0.32 per share. The company highlighted the initial clinical update from its Phase 3 FREEDOM-1 trial and the initiation of the Phase 2 FREEDOM-2 clinical trial.

  • Provided initial clinical update from Phase 3 FREEDOM-1 trial evaluating FCR001 in living donor kidney transplant patients.
  • Initiated Phase 2 FREEDOM-2 clinical trial for FCR001 in delayed tolerance induction patients.
  • Presented updated long-term follow-up data from its Phase 2 LKDT study at the 2021 American Society of Nephrology meeting (ASN).
  • Finished the third quarter of 2021 with $254.7 million in cash, cash equivalents and marketable securities.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$3.20

No prior period
R&D Expenses

$9.18M

No prior period
G&A Expenses

$3.87M

No prior period
Capital Expenditures

$726K

No prior period
Free Cash Flow

-$10.9M

No prior period
Net Income

-$12.9M

No prior period
Operating Income

-$13.1M

No prior period
Cash & Equivalents

$255M

No prior period
Total Assets

$261M

No prior period
Stock-Based Comp

$1.05M

No prior period

Revenue & EPS history

Tourmaline Bio · Revenue · Quarterly

$0

Q3 2021

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+0.7%

Avg return

Earnings day

-5.0%

Avg return

5 days after

+13.7%

Avg return

30 days after

59%

10 / 17 earnings

Positive

+11.6%

Q4 2023

Best reaction

-9.7%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025+3.8%+3.1%+122.3%
Q1 2025+4.6%+9.9%+26.5%
Q4 2024-2.8%-4.8%-1.4%
Q3 2024+5.0%-4.9%-5.6%
Q2 2024+2.0%+4.6%+12.2%
Q1 2024-0.6%-4.8%+2.6%
Q4 2023+11.6%-38.1%-60.9%
Q3 2023-1.2%
Q2 2023+1.3%
Q1 2023-8.0%
Q4 2022+2.8%
Q3 2022+7.0%
Q2 2022-9.7%
Q1 2022+3.1%
Q4 2021+4.6%
Q3 2021-7.0%
Q2 2021-5.5%

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