NYSE$LCTX
Lineage Cell Therapeutics In · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported financial results for the second quarter ended June 30, 2023.
Lineage Cell Therapeutics reported a net loss of $5.2 million, or $0.03 per share, for the second quarter ended June 30, 2023. Total revenues were $3.2 million, and total operating expenses were $8.1 million. Cash, cash equivalents, and marketable securities totaled $45.9 million as of June 30, 2023.
- Lineage continued to execute across multiple fronts, advancing clinical and preclinical cell transplant programs and supporting alliances.
- The company focused on its partnership with Roche and Genentech and continued support for the Phase 2a clinical study of OpRegen.
- Lineage reported positive clinical results from a Phase 1 study of VAC2 in non-small cell lung cancer with Cancer Research UK.
- The company is focused on making progress across its pipeline while maintaining a commitment to disciplined spending.
Headline financials
Revenue & EPS history
Lineage · Revenue · Quarterly
$3.23M
Revenue by segment
Lineage · $700K total across 1 segment · Q4 2019
- Royalties and licensing$700K—100.0%
Forward guidance
Lineage expects its cash, cash equivalents, and marketable securities to support planned operations into Q4 2024.
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 Q2 2023
+0.2%
Avg return
Earnings day
-1.1%
Avg return
5 days after
-0.6%
Avg return
30 days after
50%
31 / 62 earnings
Positive
+16.6%
Q4 2016
Best reaction
-14.5%
Q1 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.5% | -4.6% | -2.3% | |
| Q4 2025 | +0.5% | -8.7% | -14.7% | |
| Q3 2025 | +1.2% | +11.6% | -0.6% | |
| Q1 2025 | -0.1% | +6.4% | +72.3% | |
| Q4 2024 | +0.4% | -1.9% | -22.6% | |
| Q3 2024 | -5.3% | -1.1% | -44.0% | |
| Q2 2024 | +4.4% | -4.6% | -3.4% | |
| Q1 2024 | +0.9% | -10.3% | -16.4% | |
| Q4 2023 | +15.0% | +9.7% | +23.9% | |
| Q3 2023 | -5.5% | -8.2% | -5.5% | |
| Q2 2023 | +0.0% | +1.4% | -5.6% | |
| Q1 2023 | -3.5% | -4.9% | -3.5% | |
| Q4 2022 | -2.1% | -4.8% | -6.2% | |
| Q3 2022 | +15.2% | +4.8% | -2.4% | |
| Q2 2022 | +0.6% | -3.2% | -16.7% | |
| Q1 2022 | -5.9% | +1.7% | +17.6% | |
| Q4 2021 | -5.6% | -14.8% | -3.5% | |
| Q3 2021 | -0.4% | +0.4% | -19.0% | |
| Q2 2021 | -1.1% | -7.9% | -12.1% | |
| Q1 2021 | -0.4% | +0.9% | +26.4% | |
| Q4 2020 | +10.2% | +21.0% | +32.3% | |
| Q3 2020 | +7.4% | +7.4% | +32.0% | |
| Q2 2020 | +3.7% | +2.3% | -2.3% | |
| Q1 2020 | -3.7% | -11.5% | -7.3% | |
| Q4 2019 | -5.3% | -12.7% | -2.5% | |
| Q3 2019 | +6.6% | +19.2% | -5.5% | |
| Q2 2019 | -8.9% | -8.9% | -8.9% | |
| Q1 2019 | +0.8% | -10.8% | -16.7% | |
| Q4 2018 | +10.2% | +0.0% | -17.8% | |
| Q3 2018 | -8.6% | -17.1% | -27.1% | |
| Q2 2018 | -3.7% | -4.6% | +14.1% | |
| Q1 2018 | +0.9% | +2.3% | +3.7% | |
| Q4 2017 | +0.7% | -4.3% | -10.1% | |
| Q3 2017 | +14.3% | +6.3% | +8.5% | |
| Q2 2017 | +6.4% | +6.0% | +8.3% | |
| Q1 2017 | +0.3% | +1.9% | +1.6% | |
| Q4 2016 | +16.6% | +5.5% | +5.8% | |
| Q3 2016 | +0.3% | +0.3% | +1.3% | |
| Q2 2016 | -5.4% | -6.0% | +5.1% | |
| Q1 2016 | -4.6% | — | — | |
| Q4 2015 | +9.5% | — | — | |
| Q3 2015 | -7.6% | — | — | |
| Q2 2015 | -6.2% | — | — | |
| Q4 2014 | +1.2% | — | — | |
| Q3 2014 | +0.3% | — | — | |
| Q1 2014 | +6.4% | — | — | |
| Q4 2013 | -7.0% | — | — | |
| Q3 2013 | -1.8% | — | — | |
| Q2 2013 | +0.5% | — | — | |
| Q1 2013 | +8.5% | — | — | |
| Q4 2012 | -9.5% | — | — | |
| Q3 2012 | -4.5% | — | — | |
| Q2 2012 | -4.3% | — | — | |
| Q1 2012 | -2.1% | — | — | |
| Q4 2011 | -4.2% | — | — | |
| Q3 2011 | -7.1% | — | — | |
| Q2 2011 | +3.0% | — | — | |
| Q1 2011 | -2.9% | — | — | |
| Q4 2010 | -4.7% | — | — | |
| Q3 2010 | +6.9% | — | — | |
| Q2 2010 | +2.1% | — | — | |
| Q1 2010 | -14.5% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro