NASDAQ$EVLO

Evelo Biosciences Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported third quarter financial results and business highlights

Evelo Biosciences reported its third quarter 2020 financial results, highlighting progress in clinical trials for EDP1815 in psoriasis and atopic dermatitis, as well as advancements in their SINTAX-based medicine platform. The company anticipates six clinical readouts over the next 3-9 months and is progressing with preclinical development of microbial extracellular vesicles.

  • Treated first patients in Phase 2 dose-ranging trial for EDP1815 in psoriasis.
  • Six clinical readouts in psoriasis, atopic dermatitis, COVID-19, and breast cancer expected over next 3-9 months.
  • Advanced newly discovered microbial extracellular vesicles as next-generation SINTAX-based medicines.
  • Data from Phase 1b trial evaluating EDP1815 in psoriasis spotlighted at EADV Virtual Congress.

Headline financials

Total Revenue

$0.00

Previous: $100K-100.0%
EPS (adj)

-$9.00

Previous: -$13.40+32.8%
Capital Expenditures

-$912K

Previous: -$2.57M+64.5%
Free Cash Flow

-$55M

Previous: -$55.6M+1.0%
Net Income

-$20.9M

Previous: -$21.6M+3.3%
Operating Income

-$20.2M

Previous: -$21.5M+6.1%
Gross Profit

$0.00

Previous: $100K-100.0%
Cash & Equivalents

$81.6M

Previous: $97.1M-15.9%
Total Assets

$105M

Previous: $111M-5.7%
R&D Expense

$14.9M

Previous: $15.6M-4.5%

Revenue & EPS history

Evelo · Revenue · Quarterly

$0

Q3 2020-100%vs Q3 2019

Forward guidance

Evelo expects to fund its planned operating expenses and capital expenditure requirements into the beginning of the third quarter of 2021.

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

+1.3%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-9.7%

Avg return

30 days after

54%

13 / 24 earnings

Positive

+32.3%

Q2 2023

Best reaction

-20.3%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2023+0.0%+0.0%-9.8%
Q3 2023-7.6%+4.5%+3.8%
Q2 2023+32.3%-30.5%-41.0%
Q1 2023+2.9%+10.2%-28.8%
Q4 2022-17.8%-27.0%-46.9%
Q3 2022+3.3%-3.3%-8.5%
Q2 2022-7.1%-10.5%-25.4%
Q1 2022-20.3%-14.5%-2.4%
Q4 2021+29.4%+13.5%-26.3%
Q3 2021+10.2%+27.0%+6.0%
Q2 2021-0.9%+5.0%+20.7%
Q1 2021+8.8%-14.4%+11.0%
Q4 2020+14.5%+21.2%+1.6%
Q3 2020-12.9%-5.9%+14.0%
Q2 2020-1.6%-0.5%+15.2%
Q1 2020-5.7%-14.0%-20.9%
Q4 2019+1.8%+12.2%-28.4%
Q3 2019-3.3%-6.1%-35.9%
Q2 2019+3.9%-2.2%+7.0%
Q1 2019+0.8%-1.5%-11.8%
Q4 2018+1.3%+3.0%-6.9%
Q3 2018+0.2%+3.4%+3.7%
Q2 2018-3.4%-5.9%+2.6%
Q1 2018+1.8%+2.2%-24.8%
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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