NASDAQ$ALXO

ALX Oncology Holdings Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported financial results and provided clinical development and operational highlights.

ALX Oncology reported its Q3 2022 financial results, highlighting the expansion of the clinical development of evorpacept and a new non-dilutive term loan facility expected to extend the company's cash runway to mid-2025.

  • Expanded clinical development of evorpacept with a new treatment arm in the I-SPY-P1 TRIAL.
  • ASH abstract released online with initial results of the Phase 1 dose escalation portion of ASPEN-05 study in AML.
  • Trials in Progress abstracts related to data from ASPEN-03 and ASPEN-04 clinical trials accepted for poster presentation at SITC.
  • Initiated a Phase 2 investigator-sponsored study of evorpacept in combination with ERBITUX and KEYTRUDA in patients with advanced colorectal cancer.

Headline financials

EPS (adj)

-$0.71

Previous: -$0.61-16.4%
Stock-based Compensation

$6.21M

No prior period
Capital Expenditures

$192K

Previous: -$405K+147.4%
Free Cash Flow

-$31.1M

Previous: -$25M-24.4%
Net Income

-$35.3M

Previous: -$24.6M-43.8%
Operating Income

-$36.7M

Previous: -$24.6M-49.3%
Cash & Equivalents

$293M

Previous: $385M-23.9%
Total Assets

$318M

Previous: $400M-20.5%
Stock-Based Comp

$6.21M

Previous: $4.19M+48.1%

Revenue & EPS history

ALX Oncology · Revenue · Quarterly

$0

Q3 2025

Forward guidance

ALX Oncology believes its cash, cash equivalents, investments and the ability to draw down up to $50 million of its term loan are sufficient to fund planned operations through mid-2025.

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 2022

Historical avgQ3 2022

+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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