Adaptive Bio Stock (NASDAQ:ADPT)


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$4.59

52W Range

$2.28 - $6.34

50D Avg

$4.38

200D Avg

$3.87

Market Cap

$682.80M

Avg Vol (3M)

$1.32M

Beta

1.43

Div Yield

-

ADPT Company Profile


Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases. The company offers immunoSEQ, a platform and core immunosequencing product that is used to answer translational research questions, as well as to discover new prognostic and diagnostic signals; and T-Detect COVID for the confirmation of past COVID-19 infection. It also provides clonoSEQ, a clinical diagnostic product for the detection and monitoring of minimal residual disease in patients with multiple myeloma, B cell acute lymphoblastic leukemia, and chronic lymphocytic leukemia, as well as available as a CLIA-validated laboratory developed test for patients with other lymphoid cancers; and immunoSEQ T-MAP COVID for vaccine developers and researchers to measure the T-cell immune response to vaccines. In addition, the company offers a pipeline of clinical products and services that are used for the diagnosing, monitoring, and treatment of diseases, such as cancer, autoimmune conditions, and infectious diseases. It serves the life sciences research, clinical diagnostics, and drug discovery applications. Adaptive Biotechnologies Corporation has strategic collaborations with Genentech, Inc. for the development, manufacture, and commercialization of neoantigen directed T cell therapies for the treatment of a range of cancers; and Microsoft Corporation to develop diagnostic tests for the early detection of various diseases from a single blood test. The company was formerly known as Adaptive TCR Corporation and changed its name to Adaptive Biotechnologies Corporation in December 2011. Adaptive Biotechnologies Corporation was incorporated in 2009 and is headquartered in Seattle, Washington.

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Industry

Biotechnology

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

709

IPO Date

Jun 27, 2019

Website

ADPT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 21Dec 20Dec 19
Sequencing Revenue$78.90M$41.44M$43.52M
Development Revenue Regulatory Milestones$10.00M$2.50M$2.00M
Development Support Revenue$65.45M$54.44M$39.55M
Development Revenue-$56.94M$41.55M

Fiscal year ends in Dec 23 | Currency in USD

ADPT Financial Summary


Dec 23Dec 22Dec 21
Revenue$170.28M$185.31M$154.34M
Operating Income$-201.61M$-200.19M$-208.97M
Net Income$-225.25M$-142.46M$-205.61M
EBITDA$-179.38M$-194.43M$-207.27M
Basic EPS$-1.56$-1.00$-1.46
Diluted EPS$-1.56$-1.00$-1.46

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 01, 24 | 10:25 PM
Q1 24May 07, 24 | 8:59 PM
Q4 23Feb 14, 24 | 9:51 PM

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