NASDAQ$EYPT

EyePoint Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

EyePoint Pharmaceuticals' financial performance increased in Q3 2021, driven by growth in net product revenues.

EyePoint Pharmaceuticals reported Q3 2021 financial results, with net product revenues increasing by 49% compared to Q3 2020. The company is advancing its pipeline, with positive safety data from the Phase 1 DAVIO trial of EYP-1901 for wet AMD.

  • Positive 3-month safety data for Phase 1 EYP-1901 DAVIO trial for wet AMD was featured at ASRS.
  • Topline data for DAVIO trial to be presented at AAO 2021 Annual Meeting on November 13, 2021.
  • Net product revenues reached $8.6 million, a 49% increase compared to $5.8 million in Q3 2020.
  • Jay S. Duker, M.D. was appointed as Chief Operating Officer.

Headline financials

Total Revenue

$9.06M

Previous: $15.7M-42.3%
EPS (adj)

-$0.58

Previous: -$0.30-93.3%
Research and Development

$8.5M

Previous: $4.09M+107.8%
Total Operating Expenses

$24.4M

Previous: $17.7M+38.1%
Capital Expenditures

-$156K

Previous: -$170K+8.2%
Free Cash Flow

-$16.9M

Previous: -$3.97M-324.4%
Net Income

-$16.7M

Previous: -$3.8M-339.2%
Operating Income

-$15.3M

Previous: -$1.96M-682.5%
Gross Profit

$7.23M

No prior period
Cash & Equivalents

$120M

Previous: $28.7M+316.7%
Total Assets

$168M

Previous: $76.8M+119.1%
Stock-Based Comp

$2.47M

No prior period

Revenue & EPS history

EyePoint Pharmaceuticals · Revenue · Quarterly

$9.06M

Q3 2021-42.3%vs Q3 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

EyePoint Pharmaceuticals · $15.2M total across 2 segments · Q3 2023

  • License and Royalties
    $14.4M+27565.4%
  • Product sales, net
    $816K-91.6%

Forward guidance

EyePoint expects cash on hand at September 30, 2021 and expected net cash inflows from product sales will enable them 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 Q3 2021

Historical avgQ3 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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