NASDAQ$BCYC

Bicycle Therapeutics plc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2020 and discussed recent corporate updates.

Bicycle Therapeutics reported its Q1 2020 financial results, highlighting two new immuno-oncology collaborations, including a partnership with Genentech worth up to $1.7 billion. Key milestones were reached in clinical programs, such as establishing a recommended Phase II dose for BT1718 and advancing BT5528 through Phase I dose escalation.

  • Entered two new immuno-oncology collaborations, including a partnership with Genentech worth up to $1.7 billion.
  • Established a recommended Phase II dose for BT1718.
  • Advanced BT5528 through the Phase I dose escalation quickly.
  • Welcomed Zafar Qadir as General Counsel.

Headline financials

Total Revenue

$1.13M

Previous: $6.38M-82.3%
EPS (adj)

-$0.63

Previous: -$0.37-71.4%
Capital Expenditures

-$320K

No prior period
Free Cash Flow

-$11.6M

No prior period
Net Income

-$11.3M

Previous: -$6.5M-74.1%
Operating Income

-$11.6M

Previous: -$3.29M-253.5%

Revenue & EPS history

Bicycle · Revenue · Quarterly

$1.13M

Q1 2020-82.3%vs Q1 2019
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Forward guidance

Despite uncertainties associated with the COVID-19 pandemic, Bicycle Therapeutics remains focused on achieving its stated goals for the year as planned and looks forward to providing updates on its progress as it advances its novel therapeutic candidates into and through the clinic.

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 2020

Historical avgQ1 2020

+1.2%

Avg return

Earnings day

-1.6%

Avg return

5 days after

+0.1%

Avg return

30 days after

52%

14 / 27 earnings

Positive

+19.3%

Q4 2019

Best reaction

-10.8%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+3.6%-0.8%
Q4 2025-4.2%-13.9%+1.8%
Q3 2025+6.7%-16.0%-8.6%
Q1 2025+6.1%-13.6%-4.0%
Q4 2024-1.3%-2.5%-18.3%
Q3 2024-5.5%-2.2%-15.1%
Q2 2024-0.7%+2.1%-10.0%
Q1 2024+1.6%-4.6%-8.3%
Q4 2023+3.1%+9.5%+14.9%
Q3 2023+1.2%-0.7%-2.3%
Q2 2023+1.3%-2.8%-4.1%
Q1 2023-0.4%+2.5%+15.7%
Q4 2022-1.9%-5.5%-6.2%
Q3 2022-3.2%+0.8%+29.6%
Q2 2022+14.8%+17.7%+12.8%
Q1 2022-10.8%-22.6%-33.6%
Q4 2021-1.2%-9.7%-7.6%
Q3 2021+0.7%+2.5%-6.8%
Q2 2021+1.8%+2.3%+36.0%
Q1 2021+1.9%-1.3%-5.5%
Q4 2020+1.9%+2.0%+3.8%
Q3 2020-1.5%+3.1%+5.2%
Q2 2020-0.2%+0.0%+5.8%
Q1 2020+0.7%+6.6%+23.2%
Q4 2019+19.3%+1.5%-2.3%
Q3 2019-4.2%-7.7%-4.8%
Q2 2019+5.9%+5.4%-6.6%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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