NASDAQ$TYRA

Tyra Biosciences Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported positive interim clinical proof-of-concept results for TYRA-300, cleared IND for Phase 2 study of TYRA-300 in pediatric achondroplasia, strengthened leadership with appointment of Doug Warner, MD as Chief Medical Officer and held cash, cash equivalents, and marketable securities of $360.1 million.

Tyra Biosciences reported its Q3 2024 financial results, featuring positive interim data for TYRA-300 in mUC, progress in expanding TYRA-300 development into NMIBC, clearance for a Phase 2 achondroplasia study, and the appointment of Doug Warner as CMO. The company's cash reserves are expected to last through at least 2026.

  • Reported positive interim clinical proof-of-concept results for TYRA-300 in mUC from SURF301 Ph1/2 study
  • IND cleared for Phase 2 study of TYRA-300 in pediatric achondroplasia (BEACH301)
  • Strengthened leadership with appointment of Doug Warner, MD as Chief Medical Officer
  • Cash, cash equivalents, and marketable securities of $360.1 million at Q3 2024

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.41

Previous: -$0.49+16.3%
Capital Expenditures

-$52K

Previous: -$83K+37.3%
Net Income

-$24M

Previous: -$21.2M-13.5%
Operating Income

-$28.6M

Previous: -$24M-19.4%
Gross Profit

-$127K

Previous: -$82K-54.9%
R&D Expense

$22.6M

Previous: $19.2M+17.6%
Stock-Based Comp

$7.57M

Previous: $4.38M+73.0%

Revenue & EPS history

Tyra Biosciences · Revenue · Quarterly

$0

Q3 2024

Forward guidance

TYRA is focused on advancing its clinical programs and expects to dose the first child with achondroplasia in BEACH301 in Q1 2025 and submitting an IND for NMIBC by the end of this year.

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 2024

Historical avgQ3 2024

+2.0%

Avg return

Earnings day

+3.0%

Avg return

5 days after

-0.8%

Avg return

30 days after

50%

9 / 18 earnings

Positive

+29.8%

Q3 2021

Best reaction

-11.5%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+1.5%+7.7%+21.8%
Q3 2025+0.3%+8.4%+50.6%
Q2 2025+0.4%-4.3%+17.0%
Q1 2025-3.1%-4.0%+2.3%
Q4 2024-0.8%-10.5%+3.9%
Q3 2024-5.9%-6.9%-8.1%
Q1 2024-3.8%+3.1%+9.7%
Q4 2023+7.0%+3.0%-9.7%
Q3 2023-6.3%-8.1%+2.5%
Q2 2023+0.9%+1.6%-3.4%
Q1 2023-3.3%+7.0%+13.1%
Q4 2022-3.3%+0.0%-9.8%
Q3 2022-7.1%+12.9%-3.1%
Q2 2022+11.1%+14.7%-24.0%
Q1 2022+0.1%-5.9%-17.8%
Q4 2021-11.5%-5.3%-6.4%
Q2 2021+29.8%+20.3%-26.6%
Q3 2021+29.8%+20.3%-26.6%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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