NASDAQ$HLVX

HilleVax Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

HilleVax reported a significant decrease in net loss and total operating expenses for Q1 2025 compared to the previous year, driven by reduced research and development activities.

HilleVax, Inc. experienced a substantial reduction in its net loss for the first quarter of 2025, reporting a net loss of $6.061 million compared to $46.829 million in the same period last year. This improvement was primarily due to a significant decrease in research and development expenses, largely attributable to the discontinuation of further development of HIL-214 in infants in 2024 and related workforce reductions.

  • Net loss significantly decreased to $6.061 million in Q1 2025 from $46.829 million in Q1 2024.
  • Research and development expenses dropped by $24.0 million, primarily due to the discontinuation of HIL-214 development in infants.
  • General and administrative expenses decreased by $2.9 million, mainly due to personnel-related expenses and professional services.
  • The company's cash, cash equivalents, and marketable securities stood at $159.5 million as of March 31, 2025.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.12

Previous: -$0.97+87.6%
Research and Development Expenses

$1.98M

Previous: $26M-92.4%
General and Administrative Expenses

$5.62M

Previous: $8.49M-33.8%
Total Operating Expenses

$7.6M

Previous: $49.8M-84.7%
Total Other Income, Net

$1.54M

Previous: $2.97M-48.0%
Weighted-Average Shares Outstanding

50.0M

Previous: 48.5M+3.1%
In-Process Research and Development

$0.00

Previous: $15.3M-100.0%
Net Income

-$6.06M

Previous: -$46.8M+87.1%
Operating Income

-$7.6M

Previous: -$49.8M+84.7%

Revenue & EPS history

HilleVax · Revenue · Quarterly

$0

Q1 2025

Forward guidance

HilleVax anticipates continued net losses and negative cash flows from operations as it progresses with the development and potential commercialization of its norovirus vaccine candidates. The company expects its existing cash, cash equivalents, and marketable securities to be sufficient to meet anticipated cash requirements for at least the next 12 months.

Tailwinds

  • Existing cash, cash equivalents, and marketable securities are expected to fund operations for at least the next 12 months.
  • Potential for future funding through equity offerings, debt financings, or collaborations.
  • Continued development of norovirus vaccine candidates.
  • Exploration of other strategic alternatives for vaccine candidates.
  • Commitment to ongoing clinical trials and research studies.

Headwinds

  • The company has never generated revenue and does not expect to for several years.
  • Uncertainty in raising additional funds on favorable terms or at all.
  • Potential for capital resources to deplete sooner than expected.
  • Risk of being forced to delay, limit, reduce, or terminate product development efforts if additional funding is not secured.
  • Clinical and preclinical development timelines, success probability, and costs are inherently unpredictable.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-3.3%

Avg return

Earnings day

-2.3%

Avg return

5 days after

-0.9%

Avg return

30 days after

22%

4 / 18 earnings

Positive

+7.9%

Q4 2024

Best reaction

-16.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025+0.5%+0.5%+2.0%
Q1 2025-1.0%-5.6%-6.7%
Q4 2024+7.9%-10.1%+17.0%
Q3 2024-2.6%+1.6%+2.6%
Q2 2024-0.6%+5.7%+8.2%
Q1 2024+2.7%-3.0%+0.2%
Q4 2023-9.0%-5.4%-29.5%
Q3 2023+1.5%
Q2 2023-16.7%
Q1 2023-1.2%
Q4 2022-12.1%
Q3 2022-8.2%
Q3 2021-8.2%
Q2 2021-6.5%
Q2 2022-6.5%
Q1 2022+0.0%
Q1 2021+0.0%
Q4 2021+0.0%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro