NASDAQ$GOSS

Gossamer Bio Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Announced financial results for the first quarter and provided a corporate update.

Gossamer Bio announced the completion of the interim analysis of the LEDA study of GB001 and topline results from the Phase 1b study of GB004 in patients with active mild-to-moderate ulcerative colitis. Cash, cash equivalents and marketable securities totaled $346 million as of March 31, 2020.

  • GB001 interim analysis of LEDA trial in moderate-to-severe eosinophilic asthma completed.
  • GB001 intellectual property estate strengthened with issuance of new patent by USPTO covering lysine salt drug substance forms.
  • GB004 completed successful Phase 1b in ulcerative colitis; Phase 2 trial planned to commence in 2020.
  • Cash, cash equivalents and marketable securities totaled $346 million as of March 31, 2020.

Headline financials

Total Revenue

$39K

No prior period
EPS (adj)

-$0.87

Previous: -$0.90+3.3%
Research and Development Expenses

$41.4M

No prior period
General and Administrative Expenses

$10.7M

No prior period
Capital Expenditures

-$513K

No prior period
Free Cash Flow

-$54.6M

No prior period
Net Income

-$54.1M

No prior period
Operating Income

-$55M

No prior period
Gross Profit

$39K

No prior period
Cash & Equivalents

$111M

No prior period
Total Assets

$371M

No prior period
Stock-Based Comp

$8.24M

No prior period

Revenue & EPS history

Gossamer Bio · Revenue · Quarterly

$39K

Q1 2020

Revenue by segment

Gossamer Bio · $17M total across 1 segment · Q1 2026

  • Collaborators
    $17M

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

-0.6%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-1.1%

Avg return

30 days after

43%

13 / 30 earnings

Positive

+15.2%

Q4 2022

Best reaction

-15.6%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.2%-34.9%-50.9%
Q4 2025-10.8%-21.0%-5.5%
Q3 2025+2.2%+16.9%+44.2%
Q2 2025-8.5%-18.9%+15.7%
Q1 2025+1.0%+9.5%+18.1%
Q4 2024+0.0%+6.0%-38.4%
Q3 2024-0.9%-4.4%-15.1%
Q2 2024+4.3%+7.5%+12.5%
Q1 2024-3.2%-5.0%-23.2%
Q4 2023+4.1%-4.8%-26.2%
Q3 2023-12.0%+4.7%+73.1%
Q2 2023-7.0%-9.3%-24.7%
Q1 2023+3.7%-11.8%-7.4%
Q4 2022+15.2%+5.7%-0.5%
Q3 2022-0.8%-4.2%-14.9%
Q2 2022+4.6%+6.5%+13.7%
Q1 2022+12.5%+34.2%+9.5%
Q4 2021+3.7%+1.0%-2.8%
Q3 2021-1.4%-9.1%-16.6%
Q2 2021-0.8%+9.5%+18.9%
Q1 2021-0.7%-0.7%+1.7%
Q4 2020-9.4%-5.5%-11.6%
Q3 2020-0.9%-1.3%+4.2%
Q2 2020+5.1%+2.4%-1.1%
Q1 2020-15.6%-11.5%-27.8%
Q4 2019+5.5%+5.7%+40.0%
Q3 2019-4.3%-1.2%+12.4%
Q2 2019-2.5%+3.2%+2.6%
Q1 2019+1.3%+3.7%-3.9%
Q4 2018-4.9%-10.8%-30.1%
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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