NYSE$MTNB

Matinas BioPharma Holdings Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported fourth quarter and full year 2019 financial results and operational highlights.

Matinas BioPharma reported a net loss attributable to common shareholders of $5.8 million for the fourth quarter of 2019. The company's cash, cash equivalents and marketable securities were approximately $27.8 million as of December 31, 2019. They initiated the ENHANCE-IT study of MAT9001 against Vascepa and the efficacy phase of the NIH-funded EnACT study of MAT2203.

  • Initiated ENHANCE-IT study of MAT9001 against Vascepa, with topline data expected in Q4 2020.
  • Initiated efficacy phase of NIH-funded EnACT study of MAT2203 in cryptococcal meningitis in Q1 2020.
  • Cash, cash equivalents and marketable securities were approximately $27.8 million at December 31, 2019.
  • Net loss attributable to common shareholders was $5.8 million, or a net loss per share of $0.04 for the fourth quarter of 2019.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$2.00

Previous: -$1.50-33.3%
Research and Development Expenses

$3.4M

No prior period
General and Administrative Expenses

$2.3M

No prior period
Net Income

-$5.8M

No prior period
Cash & Equivalents

$27.8M

No prior period

Revenue & EPS history

Matinas BioPharma · Revenue · Quarterly

$0

Q4 2019
Beat estimate in 2 of 7 quarters(29%)
ActualEstimate

Forward guidance

Matinas BioPharma believes that cash on hand is sufficient to fund operations into the second half of 2022.

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 Q4 2019

Historical avgQ4 2019

-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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