NASDAQ$TRML

Tourmaline Bio Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the quarter and year ended December 31, 2021.

Talaris Therapeutics reported a net loss of $14.2 million for Q4 2021 and finished the quarter with $244 million in cash, cash equivalents and marketable securities. The company continues to advance its clinical programs, including the Phase 3 FREEDOM-1 trial and the newly initiated Phase 2 FREEDOM-2 and FREEDOM-3 trials.

  • Presented initial positive data update from the ongoing Phase 3 (FREEDOM-1) clinical trial of FCR001 in LDKT.
  • Presented confirmatory data analysis from the Phase 2 trial demonstrating FCR001 induced durable tolerance in highly mismatched related and unrelated recipients with living donor kidney transplant (LDKT).
  • Initiated Phase 2 (FREEDOM-3) clinical trial of FCR001 in scleroderma, its first severe autoimmune disease.
  • Talaris finished Q4 2021 with $244.0 million in cash, cash equivalents and marketable securities.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$3.50

No prior period
Capital Expenditures

$1.19M

No prior period
Free Cash Flow

-$11M

No prior period
Net Income

-$14.2M

No prior period
Operating Income

-$14.3M

No prior period
Cash & Equivalents

$244M

No prior period
Total Assets

$251M

No prior period
Stock-Based Comp

$994K

No prior period

Revenue & EPS history

Tourmaline Bio · Revenue · Quarterly

$0

Q4 2021

Forward guidance

Talaris is advancing its clinical programs and anticipates providing additional updates on FREEDOM-1 in 2022.

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%

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