NASDAQ$JANX

Janux Therapeutics Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported financial results for the third quarter ended September 30, 2024, and provided a business update.

Janux Therapeutics reported a net loss of $28.1 million for the third quarter of 2024, with cash and cash equivalents and short-term investments totaling $658.0 million. The company is focused on enrolling participants in clinical trials for JANX007 and JANX008 and anticipates providing an update on the JANX007 program by year end.

  • Enrollment is ongoing for PSMA-TRACTr (JANX007) in prostate cancer and EGFR-TRACTr (JANX008) in solid tumors.
  • An update on JANX007 data and doses selected for expansion cohorts is anticipated in 2024.
  • Cash and cash equivalents and short-term investments totaled $658.0 million at the end of the third quarter 2024.
  • Net loss for the quarter ended September 30, 2024, was $28.1 million.

Headline financials

Total Revenue

$439K

Previous: $2.52M-82.6%
EPS

-$0.51

Previous: -$0.25-104.0%
Research and development expenses

$18.6M

No prior period
General and administrative expenses

$17.7M

No prior period
Capital Expenditures

-$317K

Previous: -$1.34M+76.3%
Free Cash Flow

-$28.4M

Previous: -$12.9M-119.9%
Net Income

-$28.1M

Previous: -$11.6M-142.6%
Operating Income

-$35.8M

Previous: -$15.8M-126.7%
Gross Profit

-$35.8M

Previous: -$15.8M-126.7%
R&D Expense

$18.6M

Previous: $11.9M+56.5%
Stock-Based Comp

$15.4M

Previous: $4.55M+238.3%

Revenue & EPS history

Janux · Revenue · Quarterly

$439K

Q3 2024-82.6%vs Q3 2023
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

Janux · $1.06M total across 1 segment · Q2 2023

  • Collaboration revenue
    $1.06M-55.3%

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 Q3 2024

Historical avgQ3 2024

+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

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