NASDAQ$EQ

Equillium Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Equillium reported financial results for Q4 2019, including a net loss of $7.6 million and provided a business update, pausing the EQUIP and EQUALISE studies due to the COVID-19 pandemic while reaffirming guidance for initial data from the EQUATE trial in 2H 2020.

Equillium announced its Q4 2019 financial results, highlighted by a net loss of $7.6 million. The company paused enrollment in the EQUIP and EQUALISE trials due to the COVID-19 pandemic but maintained its guidance for initial data from the EQUATE trial in the second half of 2020. They also reiterated that current cash is sufficient to fund operations into the second half of 2021.

  • Paused enrollment in EQUIP trial for uncontrolled asthma and EQUALISE trial for lupus nephritis due to COVID-19.
  • Reaffirmed guidance to report initial data from the EQUATE trial in acute GVHD in 2H 2020.
  • Cash on hand is sufficient to fund operations into the second half of 2021.
  • R&D expenses increased to $5.4 million, driven by clinical development activities.

Headline financials

EPS (adj)

-$0.44

Previous: -$0.31-41.9%
Research and Development Expenses

$5.45M

No prior period
General and Administrative Expenses

$2.17M

No prior period
Net Income

-$7.57M

No prior period
Operating Income

-$7.62M

No prior period
Cash & Equivalents

$53.1M

No prior period
Total Assets

$55.5M

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

Equillium anticipates reporting initial data from the EQUATE study during the second half of 2020 and believes that its cash on hand is sufficient to fund operations into the second half of 2021.

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 Q4 2019

Historical avgQ4 2019

+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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