NASDAQ$DAWN

Day One Biopharmaceuticals Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Announced second quarter 2024 financial results and highlighted recent corporate achievements.

Day One Biopharmaceuticals reported strong early launch performance of OJEMDA, achieving $8.2 million in net product revenues during the initial two months, and made significant progress advancing its programs and pipeline, including the addition of DAY301.

  • Achieved $8.2 million in OJEMDA net product revenues in initial 2 months of launch.
  • Expanded pipeline with DAY301, a potential first-in-class Antibody Drug Conjugate (ADC) targeting PTK7.
  • Entered into exclusive licensing agreement with Ipsen to commercialize tovorafenib outside of the U.S. for approximately $111 million upfront.
  • Entered into a definitive agreement for an oversubscribed private placement of its securities for total gross proceeds of approximately $175 million.

Headline financials

Total Revenue

$8.19M

No prior period
EPS (adj)

-$0.05

Previous: -$0.61+91.8%
R&D Expenses

$92.1M

No prior period
SG&A Expenses

$30.2M

No prior period
Stock-Based Comp

$13M

No prior period
Q4 Prescription Volume

224

No prior period
Capital Expenditures

$26K

Previous: $149K-82.6%
Net Income

-$4.41M

Previous: -$45.9M+90.4%
Operating Income

-$115M

Previous: -$49.3M-133.1%
Gross Profit

$7.49M

No prior period
R&D Expense

$92.1M

No prior period

Revenue & EPS history

Day One · Revenue · Quarterly

$8.19M

Q2 2024
Beat estimate in 6 of 6 quarters(100%)
ActualEstimate

Forward guidance

No specific forward guidance was provided in the press release.

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 2024

Historical avgQ2 2024

-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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