NASDAQ$ALXO

ALX Oncology Holdings Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported third quarter financial results and provided clinical development and operational highlights.

ALX Oncology reported its third quarter 2020 financial results, highlighting progress in advancing ALX148 in clinical trials, securing a clinical trial collaboration with Merck, and presenting encouraging data from the ASPEN-01 Phase 1b Study.

  • Continued to make substantial progress in advancing ALX148 in clinical trials.
  • Secured a clinical trial collaboration with Merck to study the combination of ALX148 with KEYTRUDA® in the setting of first line, metastatic or unresectable, recurrent head and neck squamous cell cancer.
  • The first patient has been dosed in the Phase 1/2 ASPEN-02 study evaluating the combination of ALX148 with azacitidine for the treatment of patients with higher-risk myelodysplastic syndromes.
  • Presented further encouraging data for ALX148 from the ASPEN-01 Phase 1b Study at the 35th Annual SITC meeting, including a 64% ORR in advanced gastric cancer patients treated with ALX148 in combination with trastuzumab and the current chemotherapeutic standard of care.

Headline financials

Total Revenue

$1.18M

Previous: $1.26M-5.9%
EPS (adj)

-$0.31

Previous: -$0.14-123.6%
Capital Expenditures

-$20K

No prior period
Free Cash Flow

-$10.2M

No prior period
Net Income

-$10.2M

Previous: -$3.04M-234.5%
Operating Income

-$9.81M

Previous: -$3.03M-223.3%
Cash & Equivalents

$259M

No prior period
Total Assets

$262M

No prior period

Revenue & EPS history

ALX Oncology · Revenue · Quarterly

$1.18M

Q3 2020-5.9%vs Q3 2019
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

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 Q3 2020

Historical avgQ3 2020

+1.0%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.7%

Avg return

30 days after

59%

13 / 22 earnings

Positive

+26.0%

Q4 2024

Best reaction

-21.9%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-10.2%-6.8%-13.2%
Q3 2025+15.5%+8.5%+20.3%
Q2 2025+7.4%+57.9%+72.4%
Q1 2025-8.2%-0.2%+25.9%
Q4 2024+26.0%-6.4%-50.4%
Q3 2024-5.2%-12.4%+5.9%
Q1 2024-2.4%-8.7%-45.8%
Q4 2023+3.0%-16.2%-17.2%
Q3 2023+13.2%+21.8%+70.5%
Q2 2023+1.4%-2.6%-1.4%
Q1 2023+0.6%-7.0%+23.3%
Q4 2022-13.6%-15.9%-28.7%
Q3 2022-1.8%+1.1%-14.2%
Q2 2022+2.6%+26.6%+5.6%
Q1 2022-6.8%-8.1%-24.1%
Q4 2021+7.7%-1.3%+2.7%
Q3 2021+8.8%+6.3%-26.4%
Q2 2021+0.6%+2.1%+16.6%
Q1 2021-1.1%-1.6%+7.3%
Q4 2020-21.9%-19.4%-24.8%
Q3 2020+4.2%+34.6%+65.1%
Q2 2020+2.0%-3.8%-10.0%
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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