NYSE$MTNB

Matinas BioPharma Holdings Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Matinas BioPharma reported third quarter financial results and operational highlights, including positive efficacy and safety data from EnACT study and initiation of Phase 1 study of MAT2501.

Matinas BioPharma reported a net loss of $6.8 million for the third quarter of 2021. The company's cash, cash equivalents, and marketable securities were approximately $53.8 million as of September 30, 2021, sufficient to fund planned operations into 2024. Significant pipeline progress was achieved, including advancement to the second half of the EnACT study and initiation of a Phase 1 study with MAT2501.

  • Announced positive efficacy and safety data from the first two cohorts of patients in the ongoing EnACT study of MAT2203 for the treatment of cryptococcal meningitis.
  • DSMB unanimously recommended progression to the second half of the EnACT study.
  • Initiated dosing in a Phase 1 study of MAT2501, a potential first oral aminoglycoside antibiotic drug.
  • Kathryn Penkus Corzo joined the Company’s Board of Directors.

Headline financials

Total Revenue

$0.00

Previous: $95.8K-100.0%
EPS (adj)

-$1.50

Previous: -$1.50+0.0%
Capital Expenditures

$224K

Previous: -$5.75K+3999.6%
Free Cash Flow

-$5.97M

Previous: -$5.46M-9.5%
Net Income

-$6.8M

Previous: -$5.45M-24.8%
Operating Income

-$6.88M

Previous: -$5.6M-22.7%
Cash & Equivalents

$53.8M

Previous: $7.05M+663.0%
Total Assets

$67M

Previous: $74.8M-10.5%
Stock-Based Comp

$1.06M

No prior period

Revenue & EPS history

Matinas BioPharma · Revenue · Quarterly

$0

Q3 2021-100%vs Q3 2020
Beat estimate in 4 of 13 quarters(31%)
ActualEstimate

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 Q3 2021

Historical avgQ3 2021

-2.1%

Avg return

Earnings day

-2.9%

Avg return

5 days after

-1.9%

Avg return

30 days after

37%

14 / 38 earnings

Positive

+43.0%

Q2 2025

Best reaction

-41.3%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+2.6%+4.3%-32.2%
Q2 2025+43.0%+5.5%+10.9%
Q2 2024-1.3%+9.0%+17.3%
Q1 2025+6.3%+2.5%+15.0%
Q4 2025-6.0%-7.5%+21.2%
Q3 2024-15.0%-18.1%-23.9%
Q1 2024-1.1%-1.1%-10.7%
Q4 2023-5.2%+29.4%-37.4%
Q3 2023-24.3%-31.9%-21.9%
Q2 2023-41.3%-50.0%-50.9%
Q1 2023-12.5%-15.5%-26.0%
Q4 2022+2.1%-11.1%-2.2%
Q3 2022-3.3%-5.0%-15.2%
Q2 2022-4.7%-8.4%-12.9%
Q1 2022+6.7%+6.5%+32.0%
Q4 2021+12.9%+6.9%+40.0%
Q3 2021-6.8%-2.8%+3.7%
Q2 2021-2.5%-5.7%+2.7%
Q1 2021+2.6%-3.8%+7.1%
Q4 2020-2.7%-1.8%-98.3%
Q3 2020-2.6%-3.6%+29.0%
Q2 2020-3.8%-7.2%-22.0%
Q1 2020+8.9%+11.7%+29.7%
Q4 2019-14.6%-34.0%-49.1%
Q3 2019-4.8%+31.2%+96.8%
Q2 2019+6.2%+6.7%+2.1%
Q1 2019+1.8%+10.0%-7.8%
Q4 2018-0.9%-1.8%-7.2%
Q3 2018-25.2%-29.8%-28.8%
Q2 2018-1.4%+5.0%+26.1%
Q1 2018-1.0%+0.6%+8.6%
Q4 2017-5.5%-12.8%-38.8%
Q3 2017+2.6%+4.4%+24.6%
Q2 2017+14.4%+5.6%+9.6%
Q1 2017+2.9%+7.6%-7.3%
Q3 2016-6.3%-4.0%-20.0%
Q2 2016+3.2%+1.5%+64.7%
Q1 2016
Q3 2015
Q3 2014-3.3%
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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