EURONEXT-PAR$DBVT

DBV Technologies · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

DBV Technologies reported financial results for Q3 2024, highlighting a cash balance of $46.4 million and ongoing clinical trial expenses.

DBV Technologies reported its Q3 2024 financial results, revealing a cash balance of $46.4 million. The company's operating income was $1.1 million. The company experienced a net loss of $30.4 million, with a basic/diluted net loss per share of $(0.32).

  • Cash and cash equivalents amounted to $46.4 million as of September 30, 2024.
  • Operating income for the quarter was $1.1 million.
  • Net loss for the quarter was $30.4 million, or $(0.32) per share.
  • The company expects its cash balance to fund operations into Q1 2025.

Headline financials

Total Revenue

$1.07M

Previous: $2.53M-57.7%
EPS (adj)

-$0.32

Previous: -$0.09-255.6%
Capital Expenditures

-$2.46M

Previous: -$46.3K-5222.4%
Net Income

-$30.4M

Previous: -$16.7M-82.0%
Operating Income

$1.1M

Previous: $2.4M-54.2%
Gross Profit

$0.00

Previous: $2.4M-100.0%
R&D Expense

$23.7M

Previous: $13.8M+71.5%
Stock-Based Comp

$1.59M

Previous: $1.35M+17.4%

Revenue & EPS history

DBV Technologies · Revenue · Quarterly

$1.07M

Q3 2024-57.7%vs Q3 2023
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Forward guidance

DBV Technologies anticipates that its cash and cash equivalents will sustain operations into Q1 2025 and intends to seek additional funding for research and development, as well as the potential launch of Viaskin Peanut.

Tailwinds

  • Cash runway expected into Q1 2025.
  • Focus on advancing Viaskin Peanut through clinical trials.
  • Preparing for potential launch of Viaskin Peanut.
  • Committed to transforming the care of food allergic people.
  • Ongoing clinical trials of Viaskin Peanut in peanut allergic toddlers and children.

Headwinds

  • Substantial doubt about ability to continue as a going concern.
  • Company has incurred operating losses and negative cash flows from operations since inception.
  • Uncertainty regarding obtaining necessary financing.
  • Potential need to scale back operations if financing is not successful.
  • Reliance on additional capital to fund operations.

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 Q3 2024

Historical avgQ3 2024

+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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