Q1: 2026-05-08 Earnings Summary
EPS of -$0.15 beats by $0.01
| Revenue of $0.00 beats by $0.00
ALX Oncology Holdings Inc. (ALXO) Q1 2026 Earnings Call May 8, 2026 8:30 AM EDT
Company Participants
Jason Lettmann – CEO & Director
Barbara Klencke – Chief Medical Officer
Conference Call Participants
Sara Hurvitz
Kaiyue Yang – UBS Investment Bank, Research Division
Derek Archila – Wells Fargo Securities, LLC, Research Division
Ashleigh Acker – Piper Sandler & Co., Research Division
Daniel Bronder – Cantor Fitzgerald & Co., Research Division
Jiale Song – Jefferies LLC, Research Division
Oliver McCammon – LifeSci Capital, LLC, Research Division
Presentation
Operator
Greetings, and welcome to the ALX Oncology First Quarter 2026 Financial Results Conference and webcast. [Operator Instructions] Please note, this conference is being recorded.
I will now turn the conference over to your host, Jason Lettmann, CEO. Please go ahead, sir.
Jason Lettmann
CEO & Director
Thanks, everyone, and welcome to our Q1 2026 results. I really appreciate you all spending time with us this morning and are looking forward to sharing these updates with you. On Slide 2 and before we start our presentation as housekeeping, here are our forward-looking statements for your review.
On Slide 3, here’s the agenda and plan for today. We’re going to be providing an update on our key accomplishments in the first quarter of 2026. Most notably, we are very excited to share with you the data set that was presented yesterday in Munich at ESMO Breast 2026 from the analysis of our trial evaluating evorpacept and zanidatamab, which clearly showed again that CD47 expression is a key predictive biomarker for increasing durable clinical response in heavily pretreated HER2-positive patients. This further validates the results we saw with Evo and HER2-positive gastric cancer from our ASPEN-6 trial.
We are also very excited today to be joined by Dr. Sara Hurvitz from the Fred Hutch Cancer Center at the University of Washington, who is a