EURONEXT-PAR$DBVT

DBV Technologies · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

DBV Technologies received FDA feedback on Viaskin Peanut safety studies and reported Q2 2023 financial results.

DBV Technologies announced the receipt of Written Responses from the FDA on key study design elements for the COMFORT Toddlers and COMFORT Children supplemental safety studies. The company closed Q2 2023 with a cash balance of $174 million.

  • Received FDA feedback on design elements for Viaskin Peanut safety studies.
  • COMFORT Toddlers will be a 6-month safety study.
  • The Company expects to seek final alignment with FDA on the COMFORT protocols prior to commencing the studies.
  • DBV closed Q2 2023 with a cash balance of $174 million.

Headline financials

Total Revenue

€2.3M

Previous: €1.53M+50.4%
EPS (adj)

-€0.13

Previous: -€0.35+62.9%
Capital Expenditures

€164K

Previous: €238K-31.1%
Free Cash Flow

-€25.7M

Previous: -€10.5M-145.2%
Net Income

-€24.2M

Previous: -€23M-5.2%
Operating Income

€2.3M

Previous: €4.07M-43.5%
Gross Profit

€2.29M

Previous: €1.53M+49.6%
Cash & Equivalents

€174M

Previous: €248M-29.8%
Total Assets

€218M

Previous: €285M-23.7%
Stock-Based Comp

€1.81M

Previous: €1.08M+68.3%

Revenue & EPS history

DBV Technologies · Revenue · Quarterly

€2.3M

Q2 2023+50.4%vs Q2 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 forecast of its cash runway, designs of DBV’s anticipated clinical trials, DBV’s planned regulatory and clinical efforts including timing and results of communications with regulatory agencies, the ability of any of DBV’s product candidates, if approved, to improve the lives of patients with food allergies, and the outcome of any litigation.

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 2023

Historical avgQ2 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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