earnings
confidence high
sentiment neutral
materiality 0.70
Atara Q2 net loss $71.1M; IND cleared for ATA3219; tab-cel BLA meeting scheduled
Atara Biotherapeutics, Inc.
2023-Q2 EPS reported
-$1.40
revenue$2,183,000
- Net loss of $71.1M ($0.68 per share) vs net income of $18.5M ($0.18) in Q2 2022, which included one-time gains.
- Cash, equivalents and investments $153.6M as of June 30, 2023; expected runway into Q2 2024 (net cash used in ops $52.8M in Q2).
- IND cleared for allogeneic CAR T ATA3219 in relapsed/refractory B-cell NHL; Phase 1 to start in coming months.
- FDA meeting scheduled to resolve comparability for tab-cel (EBVALLO) BLA submission; commercial discussions advancing.
- Primary analysis of ATA188 Phase 2 EMBOLD study in progressive MS to be communicated in early November with data from >90 patients.