ALX Oncology Holdings Inc (ALXO) Reports Growth Amidst Increased R&D Spending [Yahoo! Finance]
ALX Oncology Holdings Inc. (ALXO)
Company Research
Source: Yahoo! Finance
R&D Expenses : R&D expenses increased to $141.8 million in 2023, up from $98.4 million in 2022. Net Loss : GAAP net loss widened to $160.8 million for 2023, or ($3.74) per share, from $123.5 million in 2022. Funding : ALXO raised approximately $63.2 million in an oversubscribed public offering to extend its cash runway into early 2026. Clinical Milestones : Positive interim results from the ASPEN-06 Phase 2 trial and multiple upcoming data readouts in 2024. Warning! GuruFocus has detected 4 Warning Signs with ALXO. On March 7, 2024, ALX Oncology Holdings Inc ( NASDAQ:ALXO ) released its 8-K filing , detailing the financial results for the fourth quarter and the full year ended December 31, 2023, alongside a corporate update. The clinical-stage immuno-oncology company, known for its development of therapies that block the CD47 immune checkpoint pathway, has reported a year of significant progress, particularly with its lead product candidate, evorpacept. Company Overview a
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ALXO
News
- ALX Oncology Announces Two Evorpacept Abstracts Accepted for Poster Presentation at 2024 ASCO Annual Meeting [Yahoo! Finance]Yahoo! Finance
- ALX Oncology Announces Two Evorpacept Abstracts Accepted for Poster Presentation at 2024 ASCO Annual MeetingGlobeNewswire
- ALX Oncology Holdings Inc. (NASDAQ: ALXO) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald.MarketBeat
- ALX Oncology (ALXO) Posts Upbeat Results From Lymphoma Study [Yahoo! Finance]Yahoo! Finance
- ALX Oncology Holdings Inc. (NASDAQ: ALXO) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $20.00 price target on the stock.MarketBeat
ALXO
Earnings
- 11/13/23 - Miss
ALXO
Sec Filings
- 4/23/24 - Form ARS
- 4/22/24 - Form DEF
- 4/18/24 - Form 4
- ALXO's page on the SEC website