NASDAQ$DAWN

Day One Biopharmaceuticals Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Day One reported second quarter financial results and corporate progress.

Day One Biopharmaceuticals announced its second quarter 2023 financial results, highlighting the initiation of the rolling submission of the tovorafenib NDA and updated data from the FIREFLY-1 trial presented at ASCO. A public offering was completed, raising $172.5 million and extending the cash runway into 2026.

  • Initiated rolling submission of the tovorafenib New Drug Application (NDA) in relapsed or progressive pediatric low-grade glioma (pLGG) in May 2023.
  • Reported FIREFLY-1 trial results with an overall response rate (ORR) of 67% and a clinical benefit rate (CBR) of 93% in RANO-HGG evaluable patients.
  • Completed a $172.5 million public offering, strengthening the balance sheet and extending cash runway into 2026.
  • Cash, cash equivalents and short-term investments totaled $442.9 million on June 30, 2023.

Headline financials

EPS (adj)

-$0.61

Previous: -$0.60-1.7%
Capital Expenditures

$149K

Previous: $7K+2028.6%
Free Cash Flow

-$42.6M

Previous: -$29.8M-42.9%
Net Income

-$45.9M

Previous: -$36.5M-25.7%
Operating Income

-$49.3M

Previous: -$36.7M-34.1%
Cash & Equivalents

$443M

Previous: $395M+12.2%
Total Assets

$451M

Previous: $404M+11.6%

Revenue & EPS history

Day One · Revenue · Quarterly

$52.8M

Q4 2025-59.7%vs Q4 2024
Beat estimate in 6 of 6 quarters(100%)
ActualEstimate

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 2023

Historical avgQ2 2023

-1.4%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+1.2%

Avg return

30 days after

45%

9 / 20 earnings

Positive

+23.6%

Q2 2022

Best reaction

-16.6%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-9.2%-13.9%+78.0%
Q3 2025+0.0%+3.7%+34.8%
Q2 2025-15.4%-14.2%+9.7%
Q1 2025-9.6%-5.9%+2.9%
Q4 2024-16.5%-30.2%-31.7%
Q3 2024+2.6%+3.2%-2.9%
Q2 2024-6.8%-9.4%-11.0%
Q1 2024-0.5%-6.8%-23.9%
Q4 2023+14.5%+15.0%+4.0%
Q3 2023-3.1%-11.1%-3.7%
Q2 2023+1.3%+4.3%+9.6%
Q1 2023+12.7%+10.3%+7.3%
Q4 2022+5.3%-4.2%-32.8%
Q3 2022+2.7%+10.6%+14.3%
Q2 2022+23.6%+18.9%+24.4%
Q1 2022+8.5%+21.8%-6.1%
Q4 2021+3.7%-3.8%-6.9%
Q3 2021-9.2%-15.7%-31.7%
Q2 2021-16.6%-7.6%-5.2%
Q4 2020-16.6%-7.6%-5.2%
Q1 2021
Q3 2020
Q2 2020
Q1 2020

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