NASDAQ$EYPT

EyePoint Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

EyePoint Pharmaceuticals reported financial results for Q1 2021 and highlighted recent corporate developments.

EyePoint Pharmaceuticals reported a productive first quarter with a solid commercial performance and advancements in their pipeline, including the initiation of the Phase 1 DAVIO clinical trial for EYP-1901 and the completion of a $115.1 million follow-on financing.

  • First patient dosed in the EYP-1901 DAVIO study for wet AMD in January, with initial data expected in Q4 2021.
  • Completed a $115.1 million follow-on financing in February 2021.
  • Net product revenues increased by 45% to $6.8 million compared to $4.7 million in Q1 2020.
  • Asia partner Ocumension Therapeutics' new drug application (NDA) for OT-401 (YUTIQ) was accepted for review by the National Medical Products Administration (NMPA).

Headline financials

Total Revenue

$7.32M

Previous: $7.49M-2.2%
EPS (adj)

-$0.50

Previous: -$1.10+54.5%
Total Operating Expenses

$18.3M

Previous: $18.9M-3.6%
Capital Expenditures

$0.00

Previous: -$16K+100.0%
Free Cash Flow

-$12.3M

Previous: -$13.2M+6.9%
Net Income

-$12.3M

Previous: -$13.2M+6.8%
Operating Income

-$10.9M

Previous: -$11.4M+4.4%
Cash & Equivalents

$139M

Previous: $26.3M+426.9%
Total Assets

$187M

Previous: $80.3M+133.1%

Revenue & EPS history

EyePoint Pharmaceuticals · Revenue · Quarterly

$7.32M

Q1 2021-2.2%vs Q1 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

EyePoint Pharmaceuticals · $7.32M total across 2 segments · Q1 2021

  • Product sales, net
    $6.8M+45.1%
  • License and Royalties
    $521K-74.2%

Forward guidance

EyePoint expects its cash on hand and net cash inflows from product sales to fund current and planned operations through the end of 2022.

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 2021

Historical avgQ1 2021

-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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