EURONEXT-PAR$DBVT

DBV Technologies · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

DBV Technologies reported financial results for Q2 2022, closing the quarter with a strong cash balance due to recent offerings and continued budget discipline.

DBV Technologies reported a net loss of $23.0 million for the second quarter of 2022, compared to a net loss of $30.7 million for the same period in 2021. The company closed the quarter with $248.0 million in cash and cash equivalents, benefiting from ATM and PIPE offerings. DBV continues its focus on budget discipline, with cash used in operating activities decreasing significantly compared to the previous year.

  • DBV closed Q2 with a cash balance of $248M following recent ATM and PIPE offerings.
  • Cash used in operating activities decreased more than 40% between the first half of 2021 and 2022, reflecting budget discipline.
  • The U.S. District Court granted DBV’s Motion to Dismiss the Third Amended Class Action Complaint with prejudice.
  • Net loss was $(23.0) million compared to a net loss of $(30.7) million for the comparable period in 2021.

Headline financials

Total Revenue

€1.53M

Previous: -€1.49M+202.8%
EPS (adj)

-€0.35

Previous: -€0.28-25.0%
Capital Expenditures

€238K

Previous: -€171K+239.2%
Free Cash Flow

-€10.5M

Previous: -€30.1M+65.2%
Net Income

-€23M

Previous: -€30.7M+24.8%
Operating Income

€4.07M

Previous: -€1.5M+371.6%
Gross Profit

€1.53M

Previous: -€1.49M+202.8%
Cash & Equivalents

€248M

Previous: €126M+97.6%
Total Assets

€285M

Previous: €201M+42.1%
Stock-Based Comp

€1.08M

Previous: €1.09M-1.5%

Revenue & EPS history

DBV Technologies · Revenue · Quarterly

€1.53M

Q2 2022-202.8%vs Q2 2021
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Forward guidance

DBV expects that its current cash and cash equivalents will support its operations several months beyond the current projected completion of VITESSE.

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 Q2 2022

Historical avgQ2 2022

+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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