NASDAQ$EYPT

EyePoint Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2020 and highlighted recent corporate developments.

EyePoint Pharmaceuticals reported total net revenue of $7.5 million for the first quarter ended March 31, 2020, compared to $2.0 million for the same period in 2019. Net product revenue was $4.7 million, with $3.6 million from YUTIQ and $1.1 million from DEXYCU. The company's cash and cash equivalents totaled $26.3 million at the end of the quarter.

  • Total revenues reached $7.5 million, with net product revenues of $4.7 million.
  • YUTIQ generated $3.6 million in net product revenue, while DEXYCU contributed $1.1 million.
  • Operating expenses increased to $18.9 million due to higher sales and marketing and research and development costs.
  • Cash and cash equivalents totaled $26.3 million at March 31, 2020.

Headline financials

Total Revenue

$7.49M

No prior period
EPS (adj)

-$1.10

No prior period
Research and Development

$4.85M

No prior period
Total Operating Expenses

$18.9M

No prior period
Capital Expenditures

-$16K

No prior period
Free Cash Flow

-$13.2M

No prior period
Net Income

-$13.2M

No prior period
Operating Income

-$11.4M

No prior period
Cash & Equivalents

$26.3M

No prior period
Total Assets

$80.3M

No prior period

Revenue & EPS history

EyePoint Pharmaceuticals · Revenue · Quarterly

$7.49M

Q1 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

EyePoint Pharmaceuticals · $6.71M total across 2 segments · Q1 2020

  • Product sales, net
    $4.69M
  • License and Royalties
    $2.02M

Forward guidance

The Company expects that its cash and cash equivalents combined with projected cash inflows from anticipated YUTIQ and DEXYCU product sales can fund the Company’s operating plan into 2021 under current assumptions for the duration of the COVID-19-related closures across the U.S.

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 2020

Historical avgQ1 2020

-0.4%

Avg return

Earnings day

-1.2%

Avg return

5 days after

-3.7%

Avg return

30 days after

48%

28 / 58 earnings

Positive

+21.1%

Q3 2023

Best reaction

-37.2%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%+1.9%-11.9%
Q4 2025-1.9%-14.5%-26.9%
Q3 2025-11.0%-8.4%+43.2%
Q1 2025-2.2%-6.4%+43.0%
Q4 2024+8.2%+16.6%-24.2%
Q3 2024-3.7%-8.0%-27.9%
Q2 2024+1.6%-7.3%-11.6%
Q1 2024+6.7%+2.9%-23.3%
Q4 2023-5.2%-11.4%-21.2%
Q3 2023+21.1%+26.7%+9.8%
Q2 2023-1.3%-2.6%-17.2%
Q1 2023+4.5%-0.3%-7.9%
Q4 2022+2.8%-0.9%-7.3%
Q3 2022-1.3%-3.5%-37.5%
Q2 2022+13.3%+14.2%-0.2%
Q1 2022-4.9%-19.5%-23.8%
Q4 2021+16.6%+34.3%+23.9%
Q3 2021+10.1%+26.1%+18.6%
Q2 2021+6.5%+8.3%+28.7%
Q1 2021-8.1%-14.8%-12.0%
Q4 2020-18.6%-12.4%-6.8%
Q3 2020-7.5%+10.0%+30.0%
Q2 2020-8.2%-6.8%-32.9%
Q1 2020-3.3%-2.2%-8.9%
Q4 2019-11.1%-27.1%-47.2%
Q3 2019-37.2%-41.6%-35.1%
Q2 2019+11.9%+3.2%+20.6%
Q4 2018-3.5%+2.2%+41.0%
Q3 2018+6.7%-15.9%-4.6%
Q2 2018-2.7%-5.5%+12.7%
Q1 2018-2.4%+9.5%+0.8%
Q4 2017+1.6%-5.5%-3.1%
Q3 2017+16.6%+17.8%+33.1%
Q2 2017+4.1%+5.3%+0.0%
Q1 2017+1.0%-2.0%-11.2%
Q4 2016+1.6%-4.1%-35.7%
Q3 2016+0.7%
Q2 2016-10.1%
Q1 2016-2.3%
Q4 2015-1.3%
Q3 2015-12.3%
Q2 2015+2.3%
Q1 2015+1.1%
Q4 2014-1.5%
Q3 2014+2.2%
Q2 2014+4.6%
Q1 2014-0.4%
Q4 2013+2.2%
Q3 2013+0.0%
Q3 2012+2.1%
Q4 2010-0.6%
Q4 2012+3.1%
Q1 2012+0.9%
Q4 2011-6.9%
Q3 2011-5.5%
Q1 2011+1.6%
Q3 2010-1.7%
Q1 2010-4.1%

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