NASDAQ$VKTX

Viking Therapeutics Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported first quarter 2020 financial results and provided a corporate update.

Viking Therapeutics reported a net loss of $9.7 million, or $0.13 per share, for the first quarter ended March 31, 2020. The company ended the quarter with $269.2 million in cash, cash equivalents and short-term investments.

  • Enrollment continues in Phase 2b VOYAGE study of VK2809 in NASH.
  • New Data from VK2809 Phase 2 NAFLD Trial to be Highlighted at EASL.
  • IND Filing for VK0214 in X-ALD on Track for Mid-Year.
  • Balance sheet remains strong, Quarter-End Cash Approximately $270 Million.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.13

Previous: -$0.07-85.7%
R&D Expenses

$7.99M

Previous: $4.5M+77.6%
G&A Expenses

$2.96M

Previous: $2.31M+28.2%
Free Cash Flow

-$9.69M

Previous: -$4.92M-96.7%
Net Income

-$9.69M

Previous: -$4.92M-96.7%
Operating Income

-$10.9M

Previous: -$6.81M-60.9%
Gross Profit

$2K

Previous: -$2K+200.0%
Cash & Equivalents

$15.3M

Previous: $14.3M+6.4%
Total Assets

$277M

Previous: $300M-7.7%

Revenue & EPS history

Viking Therapeutics · Revenue · Quarterly

$0

Q1 2020
Beat estimate in 0 of 7 quarters(0%)
ActualEstimate

Forward guidance

Viking anticipates completion of enrollment in VOYAGE in the first half of 2021. The company currently expects to submit an IND for VK0214 this summer and initiate clinical studies with this candidate in the third quarter.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.6%

Avg return

Earnings day

+4.3%

Avg return

5 days after

+10.3%

Avg return

30 days after

48%

21 / 44 earnings

Positive

+25.5%

Q2 2024

Best reaction

-12.1%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.8%-0.1%+4.4%
Q4 2025+6.8%+6.7%+24.8%
Q3 2025+8.1%+11.2%+9.0%
Q1 2025-0.5%+8.3%+4.6%
Q4 2024-6.1%-10.6%-13.1%
Q3 2024+18.0%+20.1%-15.2%
Q2 2024+25.5%+18.8%+25.4%
Q1 2024+6.1%+16.2%-3.4%
Q4 2023+17.4%+28.9%+191.7%
Q3 2023-9.2%-10.0%+15.3%
Q2 2023-5.4%+0.1%-6.0%
Q1 2023-1.4%+11.3%+7.2%
Q4 2022+7.2%+6.7%+3.9%
Q3 2022-1.5%+0.2%-2.0%
Q2 2022-2.1%-12.0%+2.1%
Q1 2022+5.7%+10.5%+1.7%
Q4 2021+12.8%+4.5%-11.4%
Q3 2021+5.5%+3.0%-22.9%
Q2 2021+6.5%+6.5%+9.5%
Q1 2021+0.5%+0.3%-15.9%
Q4 2020-11.1%-15.2%-25.7%
Q3 2020+0.2%+0.4%+19.9%
Q2 2020+14.4%+10.8%+3.6%
Q1 2020-12.1%+7.9%+15.3%
Q4 2019-6.4%-4.4%-28.9%
Q3 2019+12.0%+19.8%+6.0%
Q2 2019-5.9%-6.0%-9.6%
Q1 2019+7.9%+6.2%-1.9%
Q4 2018-3.3%+6.5%+17.2%
Q3 2018-4.4%-14.6%-29.9%
Q2 2018-0.2%+3.0%+8.6%
Q1 2018+9.8%+10.0%+133.4%
Q4 2017-7.1%-0.2%-27.2%
Q3 2017-5.2%+16.9%+76.6%
Q2 2017+6.3%+8.4%+21.1%
Q1 2017-5.1%-9.4%-8.7%
Q4 2016-7.8%-7.8%+6.2%
Q3 2016+10.0%+18.0%+12.0%
Q2 2016-3.8%-3.8%+2.3%
Q1 2016+5.9%
Q4 2015-10.7%
Q3 2015-9.9%
Q2 2015+5.7%
Q1 2015-2.3%
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

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