NASDAQ$HLVX

HilleVax Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported financial results for the second quarter of 2023 and highlighted recent company progress.

HilleVax reported its financial results for the second quarter of 2023. The company had cash, cash equivalents and marketable securities totaling $244.1 million as of June 30, 2023. Net loss for the second quarter 2023 was $27.9 million, compared to $53.9 million for the second quarter 2022.

  • Completed enrollment of the NEST-IN1 Phase 2b clinical trial with over 3,000 subjects enrolled in six countries.
  • Appointed Nanette Cocero, Ph.D., MBA, to its Board of Directors.
  • Topline safety and clinical efficacy data from NEST-IN1 is expected in mid-2024.
  • Cash, cash equivalents and marketable securities totaled $244.1 million as of June 30, 2023.

Headline financials

EPS (adj)

-$0.74

Previous: -$2.03+63.5%
Capital Expenditures

$4.84M

No prior period
Free Cash Flow

-$27.3M

No prior period
Net Income

-$27.9M

Previous: -$95.1M+70.6%
Operating Income

-$30.2M

Previous: -$12.8M-135.7%
Cash & Equivalents

$244M

Previous: $315M-22.4%
Total Assets

$287M

Previous: $341M-16.0%
Stock-Based Comp

$3.25M

Previous: $556K+483.8%

Revenue & EPS history

HilleVax · Revenue · Quarterly

$0

Q1 2025

Forward guidance

HilleVax expects topline safety and clinical efficacy data from NEST-IN1 in mid-2024.

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

-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

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