NASDAQ$TRML

Tourmaline Bio Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

TRML reported Q4 2024 a net loss of $22.2M, diluted EPS of $-0.86.

For Q4 2024, TRML reported net loss was $22.2M, diluted EPS was $-0.86. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Net loss $22.2M.
  • Diluted EPS $-0.86.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.86

Previous: -$0.81-6.2%
R&D Expenses

$20.5M

No prior period
G&A Expenses

$5.26M

No prior period
Total Operating Expenses

$25.8M

No prior period
Other Income, Net

$3.57M

No prior period
Weighted Avg Shares

25.8M

No prior period
Working Capital

$260M

No prior period
Stockholders’ Equity

$300M

No prior period
Net Income

-$22.2M

Previous: -$12.9M-72.1%
Operating Income

-$25.8M

Previous: -$14.9M-73.3%

Revenue & EPS history

Tourmaline Bio · Revenue · Quarterly

$0

Q4 2024

Forward guidance

Outlook emphasizes clinical milestones, liquidity runway, and operating expense discipline.

Tailwinds

  • Pipeline progress and partnership economics.
  • Cash supports near-term operating plans.

Headwinds

  • Operating losses until commercial scale.
  • Financing and trial outcomes affect funding costs.

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+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

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