NASDAQ$ANNX

Annexon Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Announced second quarter 2020 financial results and recent highlights.

Annexon reported second quarter results, highlighting the completion of a $263M IPO in July and plans to initiate four new clinical trials by year-end. Cash and cash equivalents were $124.8 million as of June 30, 2020. Net loss attributable to common stockholders was $12.5 million or $28.87 per share for the quarter ended June 30, 2020.

  • Completed $263M IPO in July, and private financing in late June
  • Planning to initiate four new clinical trials by year-end, including in three expanded indications for ANX005 and first-in-human trial of ANX009
  • Phase 2 trials of ANX005 in GBS and ANX007 in GA remain on track for 2021
  • Michael Overdorf was appointed chief business officer to oversee corporate development and commercial strategy efforts

Headline financials

EPS (adj)

-$28.87

Previous: -$0.72-3928.5%
R&D expenses

$9.3M

No prior period
G&A expenses

$2.9M

No prior period
Net Income

-$12.2M

Previous: -$9.4M-30.2%
Cash & Equivalents

$125M

No prior period

Revenue & EPS history

Annexon · Revenue · Quarterly

$0

Q3 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 Q2 2020

Historical avgQ2 2020

+3.0%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+1.8%

Avg return

30 days after

64%

14 / 22 earnings

Positive

+23.1%

Q1 2022

Best reaction

-8.1%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-6.9%-4.6%-7.4%
Q3 2025-0.7%-9.1%+69.1%
Q1 2025+9.4%+8.8%+37.6%
Q4 2024+3.3%+15.5%-23.4%
Q3 2024-6.6%-16.6%-32.2%
Q2 2024+3.8%+11.3%+12.8%
Q1 2024+1.5%-8.8%+27.2%
Q4 2023+17.6%+8.0%-30.9%
Q3 2023+16.7%+22.4%+23.8%
Q2 2023-1.2%-2.1%-26.6%
Q1 2023+4.2%+3.7%-40.7%
Q4 2022+3.8%-8.0%-15.0%
Q3 2022-0.4%+16.6%+15.8%
Q2 2022+3.1%+17.2%+10.2%
Q1 2022+23.1%+25.0%+51.2%
Q4 2021-5.1%-11.0%-43.8%
Q3 2021+1.3%+0.2%-3.4%
Q2 2021-4.6%-13.7%+11.6%
Q1 2021+1.1%+9.3%+12.6%
Q4 2020-8.1%-17.4%-29.5%
Q3 2020+3.5%+9.1%+13.0%
Q2 2020+6.6%-1.2%+8.9%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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