NASDAQ$JANX

Janux Therapeutics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported financial results for the second quarter ended June 30, 2022, and provided a business update.

Janux Therapeutics reported second quarter 2022 financial results, including cash and cash equivalents and short-term investments of $354.3 million. The FDA cleared the IND application for JANX007, and the IND application for EGFR-TRACTr (JANX008) remains on-track to be submitted in 2H 2022.

  • IND application cleared for lead product candidate JANX007 (PSMA-TRACTr).
  • Phase 1 clinical trial evaluating JANX007 for metastatic castration-resistant prostate cancer remains on-track to initiate in 2H 2022.
  • IND application for EGFR-TRACTr (JANX008) remains on-track to be submitted in 2H 2022.
  • Cash and cash equivalents and short-term investments totaled $354.3 million at the end of the second quarter 2022.

Headline financials

Total Revenue

$2.37M

Previous: $482K+390.7%
EPS (adj)

-$0.41

Previous: -$0.62+33.9%
Capital Expenditures

-$1.87M

Previous: -$232K-705.6%
Free Cash Flow

-$18.8M

Previous: -$6.44M-191.3%
Net Income

-$16.9M

Previous: -$6.21M-172.1%
Operating Income

-$17.3M

Previous: -$6.25M-176.1%
Gross Profit

-$17.3M

Previous: -$6.25M-176.1%
Cash & Equivalents

$58.4M

Previous: $252M-76.8%
Total Assets

$385M

Previous: $397M-2.9%
Stock-Based Comp

$4.44M

Previous: $1.28M+248.0%

Revenue & EPS history

Janux · Revenue · Quarterly

$2.37M

Q2 2022+390.7%vs Q2 2021
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

Janux · $2.37M total across 1 segment · Q2 2022

  • Collaboration revenue
    $2.37M

Forward guidance

Janux expects to submit an IND application to the FDA for its EGFR-TRACTr (JANX008) in 2H 2022 and for its TROP2-TRACTr in 2023. Janux expects to submit an IND application to the FDA for its PD-L1xCD28 TRACIr in 2023.

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 Q2 2022

Historical avgQ2 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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro