NASDAQ$BCRX

BioCryst Pharmaceuticals Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported revenue growth driven by ORLADEYO launch and milestone payment from Torii Pharmaceutical, research and development, and selling, general, and administrative expenses increased, resulting in a net loss.

BioCryst announced its Q2 2021 financial results, highlighted by total revenues of $50.0 million, driven by ORLADEYO net revenue of $28.5 million and a $15 million milestone payment from Torii Pharmaceutical. The company's net loss for the quarter was $43.2 million, or $0.24 per share.

  • Total revenues were $50.0 million, compared to $2.9 million in the second quarter of 2020.
  • ORLADEYO net revenue was $28.5 million in the second quarter of 2021.
  • Net loss for the second quarter of 2021 was $43.2 million, or $0.24 per share
  • Cash, cash equivalents, restricted cash and investments totaled $222.8 million at June 30, 2021.

Headline financials

Total Revenue

$50M

Previous: $2.87M+1640.1%
EPS (adj)

-$0.24

Previous: -$0.24+0.0%
R&D Expenses

$52.9M

No prior period
SG&A Expenses

$26.3M

No prior period
Interest Expense

$13.5M

No prior period
Free Cash Flow

-$43.2M

Previous: -$38.6M-11.9%
Net Income

-$43.2M

Previous: -$38.6M-11.9%
Operating Income

-$29.6M

Previous: -$38.5M+23.2%
Gross Profit

$49.7M

Previous: $2.87M+1629.8%
Cash & Equivalents

$210M

Previous: $173M+21.2%
Total Assets

$277M

Previous: $215M+29.1%
Stock-Based Comp

$7.63M

No prior period

Revenue & EPS history

BioCryst · Revenue · Quarterly

$50M

Q2 2021+1,640.1%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
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 takes it 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 Q2 2021

Historical avgQ2 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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