NASDAQ$ZNTL

Zentalis Pharmaceuticals Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported first quarter financial results and provided an operational update.

Zentalis Pharmaceuticals reported its first quarter 2022 financial results, highlighting clinical milestones and strategic partnerships, including initial data on ZN-c3 and a $25 million equity investment from Pfizer. Cash runway extended into Q1 2024.

  • Announced initial data on ZN-c3 in combination with chemotherapy in advanced ovarian cancer and interim data on ZN-c3 in uterine serous carcinoma (USC) at AACR.
  • Received a $25 million equity investment from Pfizer, with plans to jointly advance clinical development of ZN-c3.
  • Initiated a potentially registrational Phase 1/2 study of ZN-d5 in patients with relapsed or refractory light chain (AL) amyloidosis.
  • Cash runway extended into Q1 2024, with Pfizer’s equity investment and budget reallocation.

Headline financials

EPS (adj)

-$1.31

Previous: -$1.24-5.6%
Capital Expenditures

$450K

Previous: $436K+3.2%
Free Cash Flow

-$50.6M

Previous: -$37.9M-33.6%
Net Income

-$57.5M

Previous: -$50.4M-14.0%
Operating Income

-$57.9M

Previous: -$50.3M-15.0%
Cash & Equivalents

$289M

Previous: $298M-3.0%
Total Assets

$406M

Previous: $328M+23.5%
Stock-Based Comp

$10.1M

Previous: $9.69M+4.7%

Revenue & EPS history

Zentalis · Revenue · Quarterly

$400K

Q1 2026
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Zentalis believes that its existing cash, cash equivalents and marketable securities as of March 31, 2022, together with approximately $24.7 million of net proceeds from the April 2022 Pfizer equity investment, prioritization of the clinical development of ZN-c3 and ZN-d5, and budget reallocation, will be sufficient to fund its operating expenses and capital expenditures requirements into the first quarter of 2024.

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 Q1 2022

Historical avgQ1 2022

-1.4%

Avg return

Earnings day

-2.0%

Avg return

5 days after

+0.8%

Avg return

30 days after

60%

15 / 25 earnings

Positive

+14.5%

Q1 2023

Best reaction

-43.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+3.1%-3.2%
Q1 2026+3.9%-1.7%-15.0%
Q3 2025+6.2%+0.8%+9.8%
Q2 2025+5.1%+2.2%+26.8%
Q1 2025-2.5%+3.3%+10.7%
Q4 2024-12.6%-15.0%-23.5%
Q3 2024-2.7%-13.9%-22.3%
Q2 2024-8.8%-12.5%-10.6%
Q1 2024+6.1%+7.0%-5.5%
Q4 2023+10.0%+8.5%+11.9%
Q3 2023-43.0%-45.0%-33.1%
Q2 2023+5.3%+11.2%-0.5%
Q1 2023+14.5%+22.8%+2.7%
Q4 2022+1.2%-2.1%-9.1%
Q3 2022-14.1%-4.3%-17.4%
Q2 2022-0.1%-7.3%-8.1%
Q1 2022-16.4%-24.7%+1.3%
Q4 2021+7.6%+5.7%-3.2%
Q3 2021+0.8%-1.0%-8.8%
Q2 2021+4.9%+7.1%+39.0%
Q1 2021-4.6%-1.3%-9.0%
Q4 2020+1.4%-0.7%+45.7%
Q3 2020-5.6%-2.1%+36.3%
Q2 2020+1.0%+7.2%-10.6%
Q1 2020+4.5%+8.2%+10.5%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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