NASDAQ$VERV

Verve Therapeutics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported pipeline progress and financial results for the third quarter of 2021.

Verve Therapeutics reported a net loss of $22.7 million for the third quarter of 2021, with cash, cash equivalents, and marketable securities totaling $389.2 million as of September 30, 2021. The company's pipeline progress includes VERVE-101 clinical initiation on track for 2022 and preclinical data highlighting liver-targeted delivery with proprietary GalNAc-LNP Technology.

  • VERVE-101 clinical initiation is on track for 2022, supported by data demonstrating potent and durable lowering of PCSK9 protein and LDL-C in non-human primates.
  • Preclinical data highlights the development of a potent, in vivo liver-targeting lipid nanoparticle (LNP) delivery technology using a novel GalNAc-targeting ligand.
  • Verve ended the third quarter of 2021 with $389.2 million in cash, cash equivalents, and marketable securities.
  • Research and development expenses increased to $17.5 million for the third quarter of 2021, driven by additional investment in preclinical studies and manufacturing activities.

Headline financials

EPS (adj)

-$0.47

Previous: -$0.31-52.5%
Capital Expenditures

$1M

No prior period
Free Cash Flow

-$22.4M

No prior period
Net Income

-$22.7M

Previous: -$8.99M-153.0%
Operating Income

-$23.5M

Previous: -$8.97M-161.9%
Cash & Equivalents

$148M

No prior period
Total Assets

$411M

No prior period
Stock-Based Comp

$2.29M

No prior period

Revenue & EPS history

Verve Therapeutics · Revenue · Quarterly

$33M

Q1 2025+479%vs Q1 2024
Beat estimate in 10 of 10 quarters(100%)
ActualEstimate

Revenue by segment

Verve Therapeutics · $3.12M total across 1 segment · Q3 2023

  • Collaboration Revenue
    $3.12M

Historical earnings impact

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

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-1.0%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-3.8%

Avg return

30 days after

47%

8 / 17 earnings

Positive

+24.4%

Q4 2023

Best reaction

-34.2%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2025+3.4%+5.0%+48.1%
Q4 2025-1.7%-2.9%-16.3%
Q3 2024+6.0%+4.5%+1.0%
Q2 2024-12.1%-20.8%-1.6%
Q1 2024+3.2%+0.8%-15.6%
Q4 2023+24.4%+12.7%-8.2%
Q3 2023+11.8%+4.8%-13.8%
Q2 2023+2.6%-9.9%-28.0%
Q1 2023-5.2%-4.5%-2.6%
Q4 2022+7.0%+3.0%-20.8%
Q3 2022-34.2%-13.7%-31.5%
Q2 2022+17.5%+31.2%+47.0%
Q1 2022-4.4%+12.8%+15.2%
Q4 2021-20.1%-4.3%-19.7%
Q3 2021-2.7%-7.8%-34.7%
Q4 2020-1.4%+5.5%+7.5%
Q2 2021-10.7%-11.9%+10.1%
Q1 2021
Q3 2020
Q2 2020
Q1 2020

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