NASDAQ$TSHA

Taysha Gene Therapies Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported financial results for the full year ended December 31, 2023, and provided corporate and clinical updates.

Taysha Gene Therapies reported full-year 2023 financial results, with revenue of $15.5 million compared to $2.5 million in 2022. The company's net loss was $111.6 million, or $0.96 per share, compared to a net loss of $166.0 million, or $3.78 per share in 2022. As of December 31, 2023, Taysha had $143.9 million in cash and cash equivalents.

  • Data from the first adult patient in the REVEAL Phase 1/2 trial showed that TSHA-102 was well-tolerated with sustained improvement across key efficacy measures.
  • The Independent Data Monitoring Committee approved the Company's request to proceed to early advancement to cohort two in the REVEAL adolescent and adult trial.
  • Revenue for the full year ended December 31, 2023, was $15.5 million.
  • Taysha had $143.9 million in cash and cash equivalents as of December 31, 2023.

Headline financials

Total Revenue

$3.6M

Previous: $2.5M+44.0%
EPS (adj)

$0.92

Previous: -$0.34+370.6%
Capital Expenditures

-$17K

Previous: $2.31M-100.7%
Free Cash Flow

-$16.1M

Previous: $12M-234.8%
Net Income

$47.7M

Previous: -$55.7M+185.7%
Operating Income

-$15.8M

Previous: -$55.1M+71.3%
Gross Profit

$3.24M

Previous: $2.5M+29.4%
R&D Expense

$12.7M

No prior period
Stock-Based Comp

$1.97M

Previous: $4.1M-52.0%

Revenue & EPS history

Taysha Gene Therapies · Revenue · Quarterly

$3.6M

Q4 2023+44%vs Q4 2022
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+10.9%

Avg return

Earnings day

+11.7%

Avg return

5 days after

+18.2%

Avg return

30 days after

52%

12 / 23 earnings

Positive

+195.0%

Q2 2023

Best reaction

-16.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-3.5%-6.3%
Q1 2026+0.6%-1.6%-20.9%
Q3 2025-5.9%-8.9%+18.3%
Q2 2025+5.4%+6.5%+17.4%
Q1 2025+8.1%+23.6%+7.2%
Q4 2024-4.7%-4.7%+13.5%
Q3 2024-5.0%-4.6%-13.4%
Q2 2024+9.1%+7.7%+11.0%
Q1 2024+29.6%+28.7%+73.7%
Q4 2023+39.0%+52.6%+13.1%
Q3 2023+26.3%+27.8%+16.5%
Q2 2023+195.0%+159.8%+312.7%
Q1 2023-10.5%-7.7%+14.7%
Q4 2022-6.5%+14.8%-3.9%
Q3 2022-5.5%+9.0%+2.5%
Q2 2022-16.0%-16.4%-29.9%
Q1 2022-4.1%-19.5%-12.5%
Q4 2021+3.1%+8.5%-40.5%
Q3 2021+0.2%-3.1%-9.3%
Q2 2021+0.7%-2.6%+20.1%
Q1 2021-0.7%+2.0%+19.9%
Q4 2020-7.2%-0.2%-19.9%
Q3 2020+2.2%+4.0%+10.3%

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