Kite Pharma (KITE) reported earnings Thur 12 Nov 2015

** charts before earnings **

** charts after earnings **

Kite Pharma beats by $0.02, beats on revs :

• Reports Q3 (Sep) loss of $0.38 per share, $0.02 better than the Capital IQ Consensus of ($0.40); revenues rose 50900.0% year/year to $5.1 mln vs the $4.67 mln Capital IQ Consensus.
• Kite's guidance remains unchanged. Kite expects to burn between $100 million and $125 million in cash for the full year 2015, which includes both operating expenses and capital expenditures. This guidance does not include cash inflows or outflows for business development activities.
• "Our ZUMA-1 trial is enrolling patients with aggressive, refractory non-Hodgkin's lymphoma, while our ZUMA-2 trial is enrolling patients with relapsed or refractory mantle cell lymphoma. We also plan to initiate two additional pivotal studies of KTE-C19 in patients with acute lymphoblastic leukemia prior to the end of this year. We look forward to reporting data from these trials in 2016 with the goal of filing our first Biologics License Application by the end of 2016."

Kite Pharma (KITE) : 1-year performance

Kite Pharma (KITE) : 6-month performance

Kite Pharma (KITE) : 2-month performance

Kite Pharma (KITE) began trading on the NASDAQ on 20 June 2014

Kite Pharma, Inc. is a clinical-stage biopharmaceutical company focused on the development and commercialization of cancer immunotherapy products designed to harness the power of a patient’s own immune system to eradicate cancer cells. The Company does this using its engineered autologous cell therapy (eACT). eACT involves the genetic engineering of T cells to express either chimeric antigen receptors (CARs, or T cell receptors, or TCRs). These modified T cells are designed to recognize and destroy cancer cells. The Company funds multiple Phase I-2a clinical trials with CAR- and TCR-based therapies that are being conducted by its collaborator, the Surgery Branch of the National Cancer Institute (NCI). The Company plans to conduct a Phase I-2 clinical trial for its lead product candidate KTE-C19, a CAR-based therapy, in patients with relapsed/refractory diffuse large B cell lymphoma (DLBCL).

Address

2225 COLORADO AVENUE
SANTA MONICA, CA 90404
United States

Website 

http://www.kitepharma.com

Key stats and ratios

	Q1 (Mar '14)	2013
Net profit margin	-	-
Operating margin	-	-
EBITD margin	-	-
Return on average assets	-58.18%	-39.94%
Return on average equity	-73.75%	-53.06%
Employees	19