NASDAQ$ITOS

iTeos Therapeutics Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

iTeos Therapeutics reported financial results for the third quarter ended September 30, 2020.

iTeos Therapeutics reported a net loss of $11.7 million for the third quarter of 2020, with a cash position of $340.0 million as of September 30, 2020. The company is focused on advancing its two lead candidates, EOS-850 and EOS-448, towards initial data readouts in the first half of 2021.

  • Patient enrollment continues in Phase 1/2 studies of EOS-850 A2AR antagonist and EOS-448 FCgR-enabled anti-TIGIT antibody with initial data expected in 1H21.
  • iTeos expects to nominate a new drug product candidate before the end of 2021.
  • Completed Initial Public Offering (IPO) raising $229.7 million in gross proceeds.
  • The Company’s cash and cash equivalent position was $340.0 million as of September 30, 2020.

Headline financials

EPS (adj)

-$0.48

Previous: -$0.70+31.3%
Capital Expenditures

$103K

No prior period
Free Cash Flow

-$10.3M

No prior period
Net Income

-$11.7M

Previous: -$6.92M-69.1%
Operating Income

-$13.5M

Previous: -$7.7M-75.7%
Cash & Equivalents

$340M

No prior period
Total Assets

$351M

No prior period
Stock-Based Comp

$1.71M

No prior period

Revenue & EPS history

iTeos Therapeutics · Revenue · Quarterly

$35M

Q2 2025+0%vs Q2 2024
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+0.8%

Avg return

Earnings day

+7.3%

Avg return

5 days after

+11.8%

Avg return

30 days after

38%

8 / 21 earnings

Positive

+39.6%

Q1 2024

Best reaction

-11.1%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025+0.2%+0.0%
Q1 2025-0.4%+13.3%+52.2%
Q4 2024-3.7%-6.4%-11.4%
Q3 2024-5.9%-12.4%-15.6%
Q2 2024-3.4%+1.4%-3.1%
Q1 2024+39.6%+47.5%+36.9%
Q4 2023+5.1%+8.0%+12.0%
Q3 2023-3.1%
Q2 2023-2.6%
Q1 2023-0.8%
Q4 2022-7.7%
Q3 2022+16.2%
Q2 2022-9.4%
Q1 2022+3.2%
Q4 2021-3.6%
Q3 2021+1.4%
Q2 2021-1.5%
Q1 2021+8.5%
Q4 2020-11.1%
Q3 2020-4.2%
Q2 2020+0.0%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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