NASDAQ$EYPT

EyePoint Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

EyePoint Pharmaceuticals announced financial results for the second quarter ended June 30, 2020, total revenues of $4.1 million and net product revenues of $3.7 million impacted by COVID-19 pandemic.

EyePoint Pharmaceuticals reported Q2 2020 financial results, with total revenues of $4.1 million and net product revenues of $3.7 million, impacted by the COVID-19 pandemic. A U.S. commercial alliance with ImprimisRx was established to expand the reach of DEXYCU. Jay S. Duker, M.D., joined as Chief Strategic Scientific Officer to lead EYP-1901 development efforts. EYP-1901 remains on track for a Q4 IND filing.

  • Total revenues reached $4.1 million, with net product revenues at $3.7 million, influenced by the COVID-19 pandemic.
  • A U.S. commercial alliance with ImprimisRx was formed to broaden the reach of DEXYCU.
  • Jay S. Duker, M.D., was appointed as Chief Strategic Scientific Officer to spearhead EYP-1901 development.
  • EYP-1901 is on track for a Q4 IND filing.

Headline financials

Total Revenue

$4.12M

Previous: $7.21M-42.8%
EPS (adj)

-$1.00

Previous: -$1.10+9.1%
Research and Development

$3.28M

Previous: $3.96M-17.2%
Total Operating Expenses

$15.3M

Previous: $17.4M-12.1%
Capital Expenditures

-$42K

Previous: -$207K+79.7%
Free Cash Flow

-$13M

Previous: -$11.7M-11.0%
Net Income

-$13M

Previous: -$11.5M-12.6%
Operating Income

-$11.2M

Previous: -$10.2M-9.7%
Cash & Equivalents

$22.8M

Previous: $44.2M-48.3%
Total Assets

$69.7M

Previous: $91.3M-23.7%

Revenue & EPS history

EyePoint Pharmaceuticals · Revenue · Quarterly

$4.12M

Q2 2020-42.8%vs Q2 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

EyePoint Pharmaceuticals · $3.74M total across 2 segments · Q2 2020

  • Product sales, net
    $3.71M-44.7%
  • License and Royalties
    $35K+600.0%

Forward guidance

EyePoint expects that its cash and cash equivalents combined with projected cash inflows from anticipated YUTIQ and DEXYCU product sales and other expected financing activities 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 Q2 2020

Historical avgQ2 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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