NASDAQ$EQ

Equillium Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Equillium reported financial results for the first quarter of 2020.

Equillium reported a net loss of $7.8 million, or $(0.45) per basic and diluted share, for the three months ended March 31, 2020. The company's cash, cash equivalents, and short-term investments totaled $47.7 million at March 31, 2020.

  • Advanced EQUATE clinical trial for itolizumab in patients with acute graft-versus-host disease (aGVHD).
  • EQUIP and EQUALISE trials in uncontrolled asthma and lupus nephritis remain paused.
  • Strengthened the leadership team with the appointments of Maple Fung, M.D., and Matthew Ritter, Ph.D.
  • Entered into a common stock purchase agreement for up to $15 million with Lincoln Park Capital Fund, LLC.

Headline financials

EPS (adj)

-$0.45

Previous: -$0.34-32.4%
Research and Development Expenses

$4.71M

No prior period
General and Administrative Expenses

$2.75M

No prior period
Net Income

-$7.84M

No prior period
Operating Income

-$7.45M

No prior period
Cash & Equivalents

$47.7M

No prior period
Total Assets

$49.9M

No prior period

Revenue & EPS history

Equillium · Revenue · Quarterly

$0

Q3 2025-100%vs Q3 2024
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

Initial data from the Phase 1b part of the EQUATE trial in aGVHD expected in the second half of 2020.

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 Q1 2020

Historical avgQ1 2020

+1.0%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-1.3%

Avg return

30 days after

55%

17 / 31 earnings

Positive

+42.0%

Q3 2020

Best reaction

-27.0%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+1.8%-18.9%
Q3 2025+23.8%+20.2%+52.4%
Q2 2025+16.3%+16.3%+90.8%
Q1 2025+5.4%+5.4%-5.4%
Q1 2026+5.4%+5.4%-5.4%
Q4 2024-2.5%-10.0%-16.0%
Q3 2024-19.5%-20.0%-17.6%
Q2 2024-4.6%+0.0%+27.4%
Q1 2024-10.0%-9.4%-52.9%
Q4 2023-27.0%-18.1%-36.5%
Q3 2023-1.8%+0.0%+22.0%
Q2 2023+3.9%+2.6%+6.5%
Q1 2023+3.6%+7.1%+17.9%
Q4 2022+12.3%+10.8%-4.6%
Q3 2022+6.5%+5.9%-28.2%
Q2 2022+1.4%-1.8%-25.5%
Q1 2022+3.7%+13.8%+0.0%
Q4 2021+0.0%-9.1%-10.3%
Q3 2021-13.6%-14.5%-27.0%
Q2 2021+2.7%+2.2%-2.4%
Q1 2021+6.1%+22.3%+19.0%
Q4 2020-8.5%-12.7%-19.5%
Q3 2020+42.0%+27.6%+34.1%
Q2 2020-12.8%-29.7%-45.0%
Q1 2020-14.9%-20.6%-19.7%
Q4 2019-1.1%+2.3%+7.5%
Q3 2019-1.2%+7.1%+45.7%
Q2 2019-0.5%+7.1%-0.5%
Q1 2019+2.0%+2.5%+0.3%
Q4 2018+6.1%+9.2%-20.2%
Q3 2018+6.4%-8.7%-24.5%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017

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