NASDAQ$JANX

Janux Therapeutics Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2023.

Janux Therapeutics reported a net loss of $11.8 million for the quarter and cash, cash equivalents, and short-term investments of $344.0 million as of December 31, 2023.

  • Presented positive Phase 1 clinical trial data for PSMA-TRACTr JANX007 in mCRPC and for EGFR-TRACTr JANX008 in solid tumors.
  • Enrollment is ongoing for JANX007 and JANX008.
  • An update on JANX007 data and doses selected for expansion cohorts is anticipated in 2H 2024.
  • The company had $344.0 million in year-end cash, cash equivalents, and short-term investments.

Headline financials

Total Revenue

$2.46M

Previous: $2.85M-13.5%
EPS (adj)

-$0.25

Previous: -$0.39+35.9%
Short-term investments

$325K

No prior period
Research and development expenses

$12.2K

Previous: $15.4M-99.9%
General and administrative expenses

$6.36K

Previous: $5.68M-99.9%
Total other income

$4.38K

No prior period
Unrealized gain (loss) on available-for-sale securities, net

$1.84K

No prior period
Comprehensive loss

-$9.92K

No prior period
Weighted-average shares outstanding

46.7M

No prior period
Capital Expenditures

-$515K

Previous: $2.06M-125.0%
Net Income

-$11.8M

Previous: -$16.1M+26.5%
Operating Income

-$16.1M

Previous: -$18.3M+11.7%
Gross Profit

$1.93M

Previous: $2.85M-32.2%
R&D Expense

$12.2M

No prior period
Stock-Based Comp

$4.48M

Previous: $4.21M+6.6%

Revenue & EPS history

Janux · Revenue · Quarterly

$2.46M

Q4 2023-13.5%vs Q4 2022
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 Q4 2023

Historical avgQ4 2023

+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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