NASDAQ$BPMC

Blueprint Medicines Corp · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Blueprint Medicines' Q2 2020 results were released, highlighted by $5.7 million in net revenue for AYVAKIT and a global collaboration with Roche for pralsetinib.

Blueprint Medicines reported second-quarter 2020 financial results, featuring $5.7 million in net product revenue from AYVAKIT sales and a collaboration with Roche for pralsetinib. The company is on track to report top-line data from EXPLORER and PATHFINDER trials and submit a supplemental NDA to the FDA.

  • Recorded $5.7 million in net revenue for AYVAKIT (avapritinib).
  • Initiated registration-enabling Part 2 of PIONEER trial of avapritinib in indolent SM.
  • Received positive CHMP opinion for avapritinib for PDGFRA D842V mutant GIST in EU.
  • Entered into global collaboration with Roche for pralsetinib, including $775 million in upfront payments.

Headline financials

Total Revenue

$8.34M

Previous: $5.11M+63.3%
EPS (adj)

-$2.28

Previous: -$2.04-11.8%
R&D Expenses

$91.1M

No prior period
SG&A Expenses

$42.2M

No prior period
Capital Expenditures

$941K

No prior period
Free Cash Flow

-$102M

No prior period
Net Income

-$123M

No prior period
Operating Income

-$125M

No prior period
Gross Profit

$8.22M

No prior period
Cash & Equivalents

$650M

No prior period
Total Assets

$817M

No prior period
Stock-Based Comp

$19.5M

No prior period

Revenue & EPS history

Blueprint Medicines · Revenue · Quarterly

$8.34M

Q2 2020+63.3%vs Q2 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Based on its current operating plans, Blueprint Medicines expects that its existing cash, cash equivalents and investments, together with the upfront payments under its collaboration with Roche and anticipated future product revenues, will provide sufficient capital to enable the company to achieve a self-sustainable financial profile.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports

Historical avg

+2.5%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+6.3%

Avg return

30 days after

68%

27 / 40 earnings

Positive

+24.7%

Q3 2023

Best reaction

-20.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2025+10.9%+11.0%+13.3%
Q4 2025-8.1%-10.9%-13.4%
Q3 2025+4.9%+10.2%+14.0%
Q2 2024-10.7%-14.4%-11.8%
Q1 2024+13.0%+14.3%+11.2%
Q4 2023+17.5%+18.9%+17.9%
Q3 2023+24.7%+34.1%+55.8%
Q2 2023-20.7%-26.6%-21.2%
Q1 2023+8.4%+4.5%+12.1%
Q4 2022+5.0%-1.2%+2.4%
Q3 2022-11.1%-19.0%-8.5%
Q2 2022+18.0%+34.7%+46.0%
Q1 2022+5.9%-4.9%-4.8%
Q4 2021-17.0%-19.9%-21.9%
Q3 2021+7.9%+6.4%-3.1%
Q2 2021+6.0%+3.8%+13.2%
Q1 2021-1.0%
Q4 2020+3.8%
Q3 2020-2.2%
Q2 2020-0.8%
Q1 2020+0.7%
Q4 2019+3.5%
Q3 2019+10.4%
Q2 2019-9.2%
Q1 2019+9.0%
Q4 2018+1.4%
Q3 2018-1.4%
Q1 2018+1.3%
Q4 2017+5.5%
Q3 2017+4.8%
Q2 2017-9.8%
Q1 2017-11.6%
Q4 2016+13.0%
Q3 2016+9.9%
Q2 2016+2.4%
Q1 2016-1.4%
Q4 2015+4.6%
Q3 2015+1.4%
Q2 2015+2.5%
Q1 2015+8.4%
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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