NASDAQ$DYN

Dyne Therapeutics Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Dyne Therapeutics reported financial results for Q1 2024 and recent business highlights.

Dyne Therapeutics reported a net loss of $65.6 million for the first quarter of 2024. The company's cash, cash equivalents, and marketable securities totaled $453.5 million as of March 31, 2024, which are anticipated to fund operations through 2025.

  • John Cox was appointed president, CEO, and a member of the Board of Directors in March 2024.
  • The ACHIEVE trial of DYNE-101 and the DELIVER trial of DYNE-251 are ongoing and recently completed enrollment in the 6.8 mg/kg Q8W cohort and the 40 mg/kg Q8W cohort, respectively.
  • Positive initial clinical data from ACHIEVE and DELIVER reported in January 2024 were featured in oral presentations at scientific conferences in March and April 2024.
  • Dyne anticipates reporting data from multiple, higher dose cohorts from both the ACHIEVE and DELIVER trials in the second half of 2024 with the goal of initiating registrational cohorts by the end of 2024.

Headline financials

Total Revenue

$0.00

No prior period
EPS (adj)

-$0.81

Previous: -$0.78-3.8%
Capital Expenditures

-$191K

Previous: $230K-183.0%
Free Cash Flow

-$78.7M

Previous: -$47.1M-67.0%
Net Income

-$65.6M

Previous: -$44.2M-48.6%
Operating Income

-$69.2M

Previous: -$45.5M-52.1%
Gross Profit

-$386K

No prior period
R&D Expense

$44.5M

No prior period
Stock-Based Comp

$19.9M

Previous: $4.62M+331.1%

Revenue & EPS history

Dyne Therapeutics · Revenue · Quarterly

$0

Q1 2024
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

Dyne anticipates reporting data from multiple, higher dose cohorts from both the ACHIEVE and DELIVER trials in the second half of 2024 with the goal of initiating registrational cohorts by the end of 2024.

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 2024

Historical avgQ1 2024

+1.8%

Avg return

Earnings day

-2.5%

Avg return

5 days after

+3.0%

Avg return

30 days after

59%

13 / 22 earnings

Positive

+21.3%

Q3 2024

Best reaction

-6.5%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+3.6%-4.9%+15.9%
Q3 2025-2.8%-14.0%-5.8%
Q2 2025-1.3%+7.9%+47.7%
Q1 2025+1.1%+3.6%+30.1%
Q4 2024-4.5%-13.8%-17.0%
Q3 2024+21.3%+0.9%-9.0%
Q2 2024+0.5%+5.7%-22.0%
Q1 2024+1.0%-0.7%+23.4%
Q4 2023-3.4%-9.2%-4.5%
Q3 2023+6.5%+24.3%+66.0%
Q2 2023-1.8%-15.6%+0.1%
Q1 2023-4.0%-4.6%-7.4%
Q4 2022+10.1%+8.3%-15.5%
Q3 2022+1.6%-4.9%+15.8%
Q2 2022+4.3%+1.1%+1.0%
Q1 2022+10.5%-16.4%-45.0%
Q4 2021-1.7%-2.9%+16.5%
Q3 2021+2.0%+0.7%-10.4%
Q2 2021+3.3%-4.1%-9.6%
Q1 2021+5.1%+0.2%+1.9%
Q4 2020-6.5%-6.2%-4.4%
Q3 2020-5.0%-9.6%-1.5%
Q2 2020
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Q4 2011
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Q4 2010
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Q2 2010
Q1 2010

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