NASDAQ$GBIO

Generation Bio Co · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported fourth quarter and full year 2020 financial results.

Generation Bio reported its Q4 and full year 2020 financial results, highlighting a strong cash position of $262.3 million at the end of 2020, bolstered by net proceeds from a follow-on offering, which funds key milestones into 2024. The company also remains on track to begin IND-enabling studies for hemophilia A in 2021.

  • Raised $225.4 million in gross proceeds from follow-on offering in January 2021.
  • Appointed Ron Cooper to Board of Directors in February 2021.
  • Announced preclinical data supporting development candidate selection for hemophilia A program.
  • Cash, cash equivalents and marketable securities were $262.3 million as of December 31, 2020.

Headline financials

EPS (adj)

-$0.53

Previous: -$12.96+95.9%
Weighted average common shares outstanding

45.9M

No prior period
Capital Expenditures

$1.79M

Previous: $1.16M+54.9%
Free Cash Flow

-$20.2M

Previous: -$13M-55.5%
Net Income

-$24.2M

Previous: -$16.1M-50.8%
Operating Income

-$24.3M

Previous: -$16.2M-50.7%
Cash & Equivalents

$262M

Previous: $15.1M+1640.0%
Total Assets

$294M

Previous: $42.1M+598.0%
Stock-Based Comp

$3.38M

Previous: $1.09M+211.4%

Revenue & EPS history

Generation Bio · Revenue · Quarterly

$1.59M

Q3 2025-78.9%vs Q3 2024
Beat estimate in 4 of 5 quarters(80%)
ActualEstimate

Revenue by segment

Generation Bio · $2.15M total across 1 segment · Q3 2023

  • Collaboration revenue
    $2.15M

Forward guidance

Generation Bio anticipates several milestones in 2021, including NHP factor VIII expression data for hemophilia A, NHP factor IX expression, durability and redosing data, initiation of IND-enabling studies for phenylketonuria (PKU), and preclinical data for Gaucher disease and Wilson disease, as well as preclinical data for expression of therapeutic antibodies.

Tailwinds

  • NHP factor VIII expression data for hemophilia A development candidate
  • NHP factor IX expression, durability and redosing data
  • Initiation of IND-enabling studies for phenylketonuria (PKU)
  • Preclinical data for Gaucher disease
  • Preclinical data for Wilson disease

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports

Historical avg

+3.8%

Avg return

Earnings day

+5.9%

Avg return

5 days after

+8.6%

Avg return

30 days after

43%

10 / 23 earnings

Positive

+61.7%

Q2 2025

Best reaction

-19.7%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-3.3%+11.0%+2.7%
Q2 2025+61.7%+62.0%+46.9%
Q1 2025+4.5%+0.4%+4.0%
Q4 2024-3.7%-14.3%-9.5%
Q3 2024+8.7%-0.5%-40.8%
Q2 2024-2.0%-3.7%-10.2%
Q1 2024+18.4%+16.4%+1.9%
Q4 2023+3.1%+11.5%+39.4%
Q3 2023-1.7%+7.7%+46.2%
Q2 2023-5.3%-7.0%+6.8%
Q1 2023-5.0%-2.7%+0.4%
Q4 2022-8.4%-10.0%+15.5%
Q3 2022+12.2%
Q2 2022+7.7%
Q1 2022-19.7%
Q4 2021+21.1%
Q3 2021-1.5%
Q2 2021-6.2%
Q1 2021+0.3%
Q4 2020-0.9%
Q3 2020+8.5%
Q4 2019-0.5%
Q2 2020-0.5%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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