EURONEXT-PAR$DBVT

DBV Technologies · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

DBV Technologies reported financial results for Q1 2023.

DBV Technologies reported a net loss of $20.5 million for Q1 2023, with cash and cash equivalents of $192.3 million. The company's operating expenses increased due to the initiation of the VITESSE trial.

  • Cash and cash equivalents totaled $192.3 million at the end of Q1 2023.
  • Net loss for the quarter was $20.5 million.
  • Operating expenses increased to $23.3 million, driven by research and development expenses.
  • Initiation of the VITESSE trial impacted cash used for operations.

Headline financials

Total Revenue

€2.2M

Previous: €2.55M-13.6%
EPS (adj)

-€0.11

Previous: -€0.30+63.3%
Capital Expenditures

€111K

Previous: €131K-15.3%
Free Cash Flow

-€21M

Previous: -€1.61M-1198.1%
Net Income

-€20.5M

Previous: -€16.7M-22.7%
Operating Income

€2.2M

Previous: €2.5M-12.0%
Gross Profit

€2.19M

Previous: €2.55M-13.8%
Cash & Equivalents

€192M

Previous: €74.1M+159.5%
Total Assets

€233M

Previous: €118M+98.1%
Stock-Based Comp

€1.63M

Previous: €1.36M+19.7%

Revenue & EPS history

DBV Technologies · Revenue · Quarterly

€2.2M

Q1 2023-13.6%vs Q1 2022
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements and estimates, including statements regarding DBV’s financial condition and planned clinical efforts. These forward-looking statements and estimates are not promises or guarantees and involve substantial risks and uncertainties.

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 2023

Historical avgQ1 2023

+0.3%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+11.4%

Avg return

30 days after

47%

20 / 43 earnings

Positive

+21.6%

Q4 2018

Best reaction

-29.8%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+2.7%-4.3%-83.9%
Q3 2025-1.2%-5.4%-1.4%
Q1 2025-4.4%+4.2%-7.3%
Q4 2024+7.5%+0.9%-1.4%
Q3 2024-2.5%-11.3%+380.9%
Q1 2024+3.7%-14.0%-15.4%
Q4 2023+1.2%+1.1%-9.6%
Q3 2023-2.9%-1.9%-29.5%
Q2 2023+1.9%-2.5%-3.2%
Q1 2023+5.8%+4.5%+27.6%
Q4 2022-0.7%+4.1%+16.6%
Q3 2022+2.7%+2.0%-9.5%
Q2 2022-5.5%+3.5%-21.2%
Q1 2022-1.6%+6.2%+19.4%
Q4 2021+3.1%+0.8%+22.3%
Q3 2021-29.8%-40.9%-41.3%
Q2 2021-4.4%-8.1%+7.7%
Q1 2021-1.1%+0.6%+21.4%
Q4 2020-0.4%+2.9%+86.2%
Q3 2020+0.0%-3.5%-16.4%
Q2 2020-3.0%-3.5%-16.8%
Q1 2020-7.7%-7.7%+53.6%
Q4 2019-1.2%+3.6%-11.7%
Q3 2019-0.4%+4.0%-13.7%
Q2 2019+5.5%+26.5%+17.2%
Q1 2019-1.7%+14.3%+26.5%
Q4 2018+21.6%+34.8%+16.3%
Q3 2018-2.7%-14.8%-18.9%
Q2 2018-1.9%-0.1%-8.2%
Q1 2018-1.3%+3.7%-4.9%
Q4 2017+3.5%+7.8%-4.7%
Q3 2017+5.5%-3.4%+17.2%
Q2 2017+1.4%+1.3%+25.0%
Q1 2017-0.3%-1.7%+1.3%
Q4 2016-1.1%-0.4%-1.0%
Q3 2016+1.1%+1.9%-2.7%
Q2 2016+3.5%+0.6%+6.8%
Q1 2016+6.7%
Q4 2015-2.3%
Q3 2015+3.7%
Q2 2015+4.3%
Q1 2015+0.4%
Q4 2014+5.2%
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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