NASDAQ$JANX
Janux Therapeutics Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Janux reported first quarter results with progress in advancing TRACTr and TRACIr programs and a strong cash position.
Janux Therapeutics reported a net loss of $13.4 million for the first quarter of 2022. The company's cash and cash equivalents and short-term investments totaled $361.2 million as of March 31, 2022. Janux continues to advance its pipeline of immunotherapies, with IND applications planned for JANX007 and JANX008 in 2022 and TROP2-TRACTr and PD-L1xCD28 TRACIr programs in 2023.
- IND application submitted for PSMA-TRACTr (JANX007).
- Company remains on-track to submit IND application for EGFR-TRACTr (JANX008) in 2H 2022.
- Merck nominated a second target as part of strategic collaboration and license agreement.
- Presented preclinical data for JANX007 and JANX008 at the 18th Annual Protein & Antibody Engineering Summit (PEGS) Boston Conference & Expo.
Headline financials
Revenue & EPS history
Janux · Revenue · Quarterly
$1.59M
Revenue by segment
Janux · $1.59M total across 1 segment · Q1 2022
- Collaboration revenue$1.59M—100.0%
Forward guidance
Janux is focused on advancing its TRACTr and TRACIr programs, with multiple IND submissions planned in the near future. The company is also continuing to develop its broader pipeline of next-generation immunotherapies.
Tailwinds
- Advancing TRACTr candidates as planned
- IND application submitted for PSMA-TRACTr (JANX007)
- On track to submit IND application for EGFR-TRACTr (JANX008) in the second half of 2022
- Planning to submit IND application for TROP2-TRACTr in 2023
- IND-enabling studies ongoing for PD-L1xCD28 TRACIr
Headwinds
- Uncertainties associated with performing clinical trials
- Risks associated with reliance on third parties to successfully conduct clinical trials
- Risks associated with reliance on outside financing to meet capital requirements
- The risk that compounds that appear promising in early research do not demonstrate safety and/or efficacy in later preclinical studies or clinical trials
- The risk that Janux may not obtain approval to market its product candidates
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 2022
+0.6%
Avg return
Earnings day
-1.5%
Avg return
5 days after
-5.5%
Avg return
30 days after
42%
8 / 19 earnings
Positive
+14.6%
Q3 2022
Best reaction
-11.0%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -1.4% | -8.8% | |
| Q4 2025 | -1.4% | +4.0% | -4.5% | |
| Q3 2025 | +3.9% | +4.8% | -40.1% | |
| Q1 2025 | -0.8% | +3.8% | -2.8% | |
| Q4 2024 | +2.7% | -1.6% | -9.1% | |
| Q3 2024 | -1.9% | -2.9% | +17.6% | |
| Q2 2024 | -1.1% | -0.8% | +11.8% | |
| Q1 2024 | -11.0% | -21.3% | -31.5% | |
| Q4 2023 | -1.6% | -1.7% | -13.5% | |
| Q3 2023 | +5.9% | -3.4% | +50.7% | |
| Q2 2023 | +5.1% | +4.3% | -11.6% | |
| Q1 2023 | +1.1% | -7.0% | -3.5% | |
| Q4 2022 | -2.5% | -4.7% | -4.9% | |
| Q3 2022 | +14.6% | +5.3% | -9.8% | |
| Q2 2022 | +1.0% | -4.9% | -3.2% | |
| Q1 2022 | +6.1% | +13.7% | +10.0% | |
| Q4 2021 | -6.0% | -3.5% | -17.1% | |
| Q3 2021 | -1.6% | -7.4% | -23.9% | |
| Q2 2021 | -1.0% | -3.8% | -9.9% | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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