NASDAQ$DYN

Dyne Therapeutics Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year 2023 and recent business highlights.

Dyne Therapeutics reported positive initial clinical data from ACHIEVE and DELIVER trials, demonstrating proof-of-concept for their FORCE™ platform. They strengthened their balance sheet with a $345 million public offering, extending their cash runway through 2025. The company is focused on optimizing dose and dose regimen in 2024 and plans to provide updates from both trials in the second half of the year.

  • Reported positive initial clinical data from the ACHIEVE trial in DM1 patients.
  • Reported positive initial clinical data from the DELIVER trial in DMD patients.
  • Completed a $345 million public offering, extending projected cash runway through 2025.
  • Plan to report data from multiple, higher dose cohorts from both the ACHIEVE and the DELIVER trials in the second half of 2024.

Headline financials

Total Revenue

$3.79M

No prior period
EPS (adj)

-$1.09

Previous: -$0.74-47.3%
Capital Expenditures

-$82K

Previous: $519K-115.8%
Net Income

-$66.6M

Previous: -$38.8M-71.6%
Operating Income

-$67.7M

Previous: -$40.1M-68.6%
Gross Profit

$3.22M

No prior period
R&D Expense

$58.8M

No prior period
Stock-Based Comp

$5.73M

Previous: $3.83M+49.5%

Revenue & EPS history

Dyne Therapeutics · Revenue · Quarterly

$3.79M

Q4 2023
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 the 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 Q4 2023

Historical avgQ4 2023

+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
Q1 2020
Q4 2019
Q3 2019
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Q1 2019
Q4 2017
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Q1 2017
Q4 2016
Q3 2016
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Q4 2015
Q3 2015
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Q4 2014
Q3 2014
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Q1 2014
Q4 2013
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Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
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Q4 2010
Q3 2010
Q2 2010
Q1 2010

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