NASDAQ$EYPT

EyePoint Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

EyePoint Pharmaceuticals' Q2 2021 financial results were announced, highlighting a 136% increase in net product revenues compared to Q2 2020 and positive safety data from the EYP-1901 DAVIO trial.

EyePoint Pharmaceuticals reported a strong second quarter, marked by significant progress in the Phase 1 DAVIO trial for EYP-1901 and a substantial increase in net product revenue, driven by growing customer demand for DEXYCU and YUTIQ.

  • Net product revenues increased by 136% to $8.7 million compared to Q2 2020.
  • Positive 30-day safety data was reported for all cohorts in the DAVIO trial of EYP-1901 for wet AMD.
  • Patient enrollment was completed in the Phase 1 clinical trial of EYP-1901.
  • DEXYCU achieved an all-time high in unit demand, with approximately 10,900 units, a 404% increase from Q2 2020.

Headline financials

Total Revenue

$9.01M

Previous: $4.12M+118.7%
EPS (adj)

-$0.42

Previous: -$1.00+58.0%
Research and Development

$5.61M

Previous: $3.28M+71.1%
Total Operating Expenses

$20M

Previous: $15.3M+30.9%
Capital Expenditures

-$25K

Previous: -$42K+40.5%
Free Cash Flow

-$10M

Previous: -$13M+22.8%
Net Income

-$10M

Previous: -$13M+22.7%
Operating Income

-$11M

Previous: -$11.2M+1.6%
Gross Profit

$7.08M

No prior period
Cash & Equivalents

$128M

Previous: $22.8M+459.4%
Total Assets

$179M

Previous: $69.7M+156.6%
Stock-Based Comp

$1.18M

No prior period

Revenue & EPS history

EyePoint Pharmaceuticals · Revenue · Quarterly

$9.01M

Q2 2021+118.7%vs Q2 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

EyePoint Pharmaceuticals · $9.01M total across 2 segments · Q2 2021

  • Product sales, net
    $8.74M+135.8%
  • License and Royalties
    $275K+685.7%

Forward guidance

EyePoint Pharmaceuticals expects its cash on hand and anticipated 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 Q2 2021

Historical avgQ2 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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