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Dec 31, 2020
Allakos Q4 2020 Earnings Report
Allakos reported financial results for Q4 2020 and provided a business update.
Key Takeaways
Allakos reported a net loss of $44.3 million in the fourth quarter of 2020, compared to a net loss of $24.6 million in the same period in 2019. The company ended the year with $659.0 million in cash, cash equivalents and marketable securities.
Research and development expenses were $28.5 million in Q4 2020, compared to $16.6 million in Q4 2019.
General and administrative expenses were $15.8 million in Q4 2020, compared to $10.3 million in Q4 2019.
Net loss was $44.3 million in Q4 2020, compared to $24.6 million in Q4 2019.
Net loss per basic and diluted share was $0.86 for Q4 2020, compared to $0.51 in Q4 2019.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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