NASDAQ$ABEO

Abeona Therapeutics Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Announced financial results for the second quarter 2020 and recent business progress.

Abeona Therapeutics reported its Q2 2020 financial results, highlighting progress in clinical development, manufacturing, and regulatory affairs. New patients were treated in RDEB and MPS IIIA clinical programs, and internal manufacturing operations resumed in June. General alignment was reached with the CHMP on the path for European marketing authorization application for ABO-102 in MPS IIIA.

  • Additional patients dosed in RDEB, MPS IIIA and MPS IIIB clinical programs
  • General alignment with CHMP on plans for EU registration of ABO-102 for MPS IIIA
  • Data from RDEB and MPS III programs presented at recent medical meetings
  • Strengthened leadership team with appointment of experienced Chief Commercial Officer and two independent Board members

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$3.50

Previous: -$12.25+71.4%
Net Income

-$13M

Previous: -$23.9M+45.7%
Cash & Equivalents

$108M

Previous: $42.6M+153.2%

Revenue & EPS history

Abeona Therapeutics · Revenue · Quarterly

$0

Q2 2020
Beat estimate in 2 of 8 quarters(25%)
ActualEstimate

Forward guidance

Abeona expects additional patient enrollment across its clinical programs and anticipates starting internal manufacturing of retrovirus and AAV in late-2020 and early-2021, respectively. The company anticipates a European marketing authorization application for ABO-102 in MPS IIIA in 2023 and potential commercial launches of EB-101 in late-2022 and ABO-102 the following year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

-0.3%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+6.6%

Avg return

30 days after

44%

27 / 62 earnings

Positive

+18.8%

Q3 2025

Best reaction

-28.9%

Q1 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.7%-5.5%
Q4 2025+6.1%-10.1%+8.7%
Q3 2025+18.8%+8.2%+28.5%
Q1 2025-4.2%-2.8%-8.1%
Q4 2024-1.2%-3.8%-6.9%
Q3 2024-3.9%-3.4%-3.4%
Q2 2024+12.7%+13.1%+26.5%
Q1 2024+9.5%+6.0%+8.8%
Q4 2023-12.3%-11.8%-8.1%
Q3 2023+3.9%+2.4%+15.4%
Q2 2023+0.7%+0.3%+34.6%
Q1 2023-7.2%-5.3%+32.8%
Q4 2022+1.8%+1.8%+10.4%
Q3 2022-8.0%-8.0%-32.3%
Q2 2022+6.5%+14.7%-5.8%
Q1 2022+12.5%+0.0%+6.3%
Q4 2021+3.2%+9.7%-32.3%
Q3 2021-5.4%-19.6%-43.5%
Q2 2021-0.8%+3.2%+4.8%
Q1 2021+6.5%+6.5%+9.0%
Q4 2020-1.1%-5.8%-14.7%
Q3 2020+11.7%+24.3%+41.7%
Q2 2020+1.7%-3.8%-29.0%
Q1 2020-7.2%+29.1%+16.3%
Q4 2019+17.2%+22.4%+43.7%
Q3 2019-6.4%-6.8%+60.2%
Q2 2019+0.0%+6.6%+30.7%
Q1 2019-8.2%-3.0%-29.3%
Q4 2018-2.0%-7.2%+1.0%
Q3 2018-22.0%-24.1%-13.6%
Q2 2018-7.1%-11.6%-7.1%
Q1 2018+10.9%+11.4%-13.8%
Q4 2017-9.3%-4.7%+17.3%
Q3 2017+6.6%-2.6%+9.3%
Q2 2017+14.9%+5.4%+89.2%
Q1 2017-1.6%-1.6%-20.8%
Q4 2016+2.0%+3.0%+13.0%
Q3 2016+5.7%+18.0%-15.6%
Q2 2016+4.3%+5.9%+27.1%
Q1 2016+4.1%
Q4 2015-5.0%
Q3 2015+1.8%
Q2 2015-3.9%
Q1 2015-7.2%
Q4 2014-3.2%
Q2 2014-3.2%
Q3 2014-8.5%
Q1 2014+13.6%
Q4 2013-10.3%
Q2 2013-10.3%
Q3 2013-6.3%
Q1 2013+2.2%
Q4 2012-8.3%
Q3 2012-7.4%
Q2 2012+6.5%
Q1 2011-28.9%
Q1 2012+0.0%
Q4 2011+13.9%
Q2 2010-4.4%
Q2 2011-4.4%
Q4 2010-0.9%
Q3 2010-0.3%

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