NASDAQ$WHWK

Whitehawk Therapeutics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Aadi Bioscience reported revenue growth driven by FYARRO sales and progress in clinical trials.

Aadi Bioscience reported total revenue of $3.4 million for the second quarter of 2022, driven by FYARRO net product sales. The company continues to advance its PRECISION 1 trial and evaluate new clinical indications for nab-sirolimus.

  • FYARRO net product sales reached $3.4 million for the second quarter of 2022.
  • A product-specific permanent J-code (J9331) for FYARRO from Centers for Medicare and Medicaid Services (CMS) became effective on July 1, 2022.
  • The PRECISION 1 trial continues to ramp up, with activation of additional clinical trial sites and patient enrollment.
  • Cash and cash equivalents on June 30, 2022 were $118.7 million.

Headline financials

Total Revenue

$3.44M

Previous: $15M-77.1%
EPS (adj)

-$0.69

Previous: -$0.09-666.7%
Capital Expenditures

-$264K

Previous: -$12.2K-2064.3%
Free Cash Flow

-$18.5M

Previous: -$4.42M-319.3%
Net Income

-$18.3M

Previous: -$4.41M-314.5%
Operating Income

-$18.4M

Previous: -$4.77M-284.8%
Gross Profit

$3.1M

No prior period
Cash & Equivalents

$119M

Previous: $36.8M+222.7%
Total Assets

$129M

Previous: $37.4M+243.7%
Stock-Based Comp

$2.24M

Previous: $39K+5630.8%

Revenue & EPS history

Aadi Bioscience · Revenue · Quarterly

$3.44M

Q2 2022-77.1%vs Q2 2021
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Revenue by segment

Aadi Bioscience · $5.96M total across 1 segment · Q3 2023

  • Product Sales, Net
    $5.96M

Forward guidance

Based on current plans, the Company expects cash and cash equivalents to fund operations into 2024.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+1.8%

Avg return

Earnings day

+2.9%

Avg return

5 days after

+4.1%

Avg return

30 days after

37%

11 / 30 earnings

Positive

+69.8%

Q1 2021

Best reaction

-18.7%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.3%-5.5%-0.7%
Q3 2025-0.4%-3.5%+10.2%
Q1 2025+4.9%-4.0%-9.5%
Q4 2024-1.5%+1.2%+14.7%
Q3 2024+5.5%+5.5%+21.6%
Q2 2024-3.6%-1.4%+30.7%
Q1 2024-10.9%-11.4%-17.5%
Q4 2023+5.7%+9.3%+1.0%
Q3 2023-6.6%-5.4%+2.9%
Q2 2023-1.0%+1.7%-12.2%
Q1 2023-18.7%-17.2%-4.7%
Q4 2022-1.8%-0.1%+10.3%
Q3 2022+5.1%+1.2%+1.7%
Q2 2022-6.2%-0.9%-11.0%
Q1 2022+21.2%+30.1%+21.5%
Q4 2021+5.4%+2.3%-8.2%
Q3 2021-16.6%-8.9%-13.4%
Q2 2021+3.0%+2.0%-7.9%
Q1 2021+69.8%+74.1%+69.0%
Q4 2020+1.9%+2.5%-15.1%
Q3 2020-2.2%+21.7%+60.9%
Q2 2020+17.3%+6.4%-22.4%
Q1 2020-0.2%-1.3%+82.3%
Q4 2019-5.8%-17.7%-6.2%
Q3 2019-2.6%-3.6%+0.9%
Q2 2019-1.9%-1.9%+0.9%
Q1 2019-0.9%-1.9%-5.7%
Q4 2018+4.2%+22.4%-65.0%
Q3 2018-1.4%-11.7%-2.3%
Q2 2018-1.7%+3.9%-3.8%
Q4 2011
Q2 2010
Q1 2010

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