NASDAQ$DAWN

Day One Biopharmaceuticals Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported a net income of $37.0 million and OJEMDA net product revenues of $20.1 million.

Day One Biopharmaceuticals, Inc. announced its third quarter 2024 financial results, featuring $20.1 million in OJEMDA net product revenue and $73.7 million in license revenue. The company ended the quarter with $558.4 million in cash, cash equivalents and short-term investments.

  • OJEMDA net product revenues were $20.1 million for the third quarter of 2024.
  • License revenue from the sale of ex-U.S. commercial rights for tovorafenib was $73.7 million for the third quarter of 2024.
  • Net income totaled $37.0 million for the third quarter of 2024.
  • Cash, cash equivalents and short-term investments totaled $558.4 million as of September 30, 2024.

Headline financials

Total Revenue

$93.8M

Previous: $0.00
EPS

$0.38

Previous: -$0.54+170.4%
Capital Expenditures

-$750K

Previous: -$41K-1729.3%
Free Cash Flow

-$48.9M

Previous: -$37.1M-31.7%
Net Income

$37M

Previous: -$46.2M+180.2%
Operating Income

$29.6M

Previous: -$51.4M+157.6%
Gross Profit

$93.8M

Previous: -$99K+94808.1%
R&D Expense

$33.6M

Previous: $33.2M+1.2%

Revenue & EPS history

Day One · Revenue · Quarterly

$93.8M

Q3 2024
Beat estimate in 6 of 6 quarters(100%)
ActualEstimate

Forward guidance

The company plans to continue to drive growth by advancing programs and pipeline, including DAY301, a potential first-in-class ADC targeting PTK7 expected to be in the clinic in the coming months.

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 Q3 2024

Historical avgQ3 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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