NASDAQ$BCRX

BioCryst Pharmaceuticals Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

BioCryst announced financial results for the first quarter ended March 31, 2021, and provided a corporate update.

BioCryst's Q1 2021 total revenues were $19.1 million, primarily driven by $10.9 million in ORLADEYO net revenue. The company's net loss was $64.3 million, or $0.36 per share. Cash, cash equivalents, restricted cash and investments totaled $244.4 million at March 31, 2021.

  • ORLADEYO net revenue reached $10.9 million in Q1 2021.
  • ORLADEYO is now approved in the U.S., Japan, and EU.
  • Agreement reached with FDA on hemoglobin change as primary endpoint for pivotal PNH trials of oral BCX9930.
  • PNH trials of oral BCX9930 are set to begin in the second half of 2021.

Headline financials

Total Revenue

$19.1M

Previous: $4.82M+295.2%
EPS (adj)

-$0.36

Previous: -$0.24-50.0%
R&D Expenses

$42.4M

Previous: $29.9M+41.8%
SG&A Expenses

$22.1M

Previous: $15.9M+39.0%
Interest Expense

$12.9M

Previous: $3M+330.0%
Free Cash Flow

-$64.3M

Previous: -$37.6M-71.0%
Net Income

-$64.3M

Previous: -$37.6M-71.0%
Operating Income

-$51.4M

Previous: -$41M-25.4%
Gross Profit

$13.1M

No prior period
Cash & Equivalents

$227M

Previous: $102M+122.7%
Total Assets

$284M

Previous: $137M+108.2%
Stock-Based Comp

$5.48M

No prior period

Revenue & EPS history

BioCryst · Revenue · Quarterly

$19.1M

Q1 2021+295.2%vs Q1 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

BioCryst is not providing specific revenue or operating expense guidance for the launch period of ORLADEYO. The company believes its current cash runway extends into 2023.

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 2021

Historical avgQ1 2021

-0.3%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+5.6%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+26.0%

Q2 2022

Best reaction

-38.0%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.2%-5.0%-7.0%
Q4 2025+4.8%+15.1%+23.6%
Q3 2025-5.4%-3.1%+7.2%
Q1 2025+23.7%+11.6%+23.6%
Q4 2024-10.0%-6.5%-15.3%
Q3 2024-16.3%-7.7%-13.0%
Q2 2024+12.1%+8.7%+17.9%
Q1 2024+18.2%+19.6%+52.6%
Q4 2023+2.8%-1.6%-9.8%
Q3 2023+5.4%+5.9%+7.3%
Q2 2023+9.4%+1.0%+4.7%
Q1 2023+14.9%+15.2%+13.3%
Q4 2022-4.2%-10.8%-20.4%
Q3 2022-10.0%-6.8%-2.9%
Q2 2022+26.0%+29.6%+26.2%
Q1 2022-10.7%-15.5%+2.7%
Q4 2021-6.0%-6.4%-9.9%
Q3 2021-23.3%-19.3%-24.4%
Q2 2021+8.3%-6.5%-3.7%
Q1 2021+22.8%+13.7%+52.5%
Q4 2020-8.7%-0.6%-12.4%
Q3 2020-4.4%-4.4%+42.9%
Q2 2020-5.7%-5.9%-13.1%
Q1 2020-0.8%+40.3%+5.6%
Q4 2019+17.1%-19.9%-44.4%
Q3 2019+1.5%-5.9%+31.5%
Q2 2019-2.1%-0.4%+10.6%
Q1 2019+1.7%-1.0%-54.0%
Q4 2018-3.0%-7.5%+0.2%
Q3 2018+0.8%-2.9%+12.9%
Q2 2018+9.2%+24.8%+31.1%
Q1 2018-4.1%-1.1%+10.4%
Q4 2017-1.6%-0.4%-5.5%
Q3 2017-3.1%-0.6%-5.8%
Q2 2017-12.0%-11.2%-2.7%
Q1 2017-12.4%-13.4%-14.7%
Q4 2016+13.7%+39.9%+54.6%
Q3 2016+19.4%+36.6%+40.9%
Q2 2016+2.7%+22.8%+4.2%
Q1 2016-5.3%
Q4 2015-12.0%
Q3 2015-7.6%
Q2 2015-14.1%
Q1 2015+9.2%
Q4 2014-0.1%
Q3 2014+8.1%
Q2 2014-1.4%
Q1 2014+4.6%
Q4 2013-6.0%
Q3 2013+13.2%
Q2 2013-9.1%
Q1 2013-2.7%
Q4 2012-1.6%
Q3 2012-38.0%
Q2 2012-1.2%
Q1 2012-0.5%
Q4 2011+0.2%
Q3 2011-2.0%
Q2 2011-18.0%
Q1 2011+3.0%
Q4 2010-2.6%
Q3 2010-3.2%
Q2 2010-5.1%
Q1 2010+2.1%

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