NASDAQ$HRMY
Harmony Biosciences Holdings Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Harmony Biosciences reported strong third-quarter performance driven by WAKIX demand and progress in clinical programs.
Harmony Biosciences reported a strong third quarter with net product revenues of $117.2 million, a 45.2% increase compared to the same period in 2021. GAAP net income was $87.9 million, or $1.44 per diluted share, compared to a GAAP net loss of $9.6 million, or ($0.17) per diluted share, for the same period in 2021. The company is encouraged by positive data from the PWS Phase 2 study and progress in clinical programs.
- Net product revenues for Q3 2022 were $117.2 million, compared to $80.7 million for the same period in 2021, a 45.2% increase.
- Average number of patients on WAKIX increased to approximately 4,600 for the quarter ended September 30, 2022.
- GAAP net income for the quarter was $87.9 million, or $1.44 per diluted share, compared to a GAAP net loss of $9.6 million, or ($0.17) per diluted share, for the same period in 2021.
- Non-GAAP adjusted net income was $58.1 million, or $0.95 per diluted share, for the quarter ended September 30, 2022, compared to Non-GAAP adjusted net income of $23.4 million, or $0.41 per diluted share, for the same period in 2021.
Headline financials
Revenue & EPS history
Harmony Biosciences · Revenue · Quarterly
$117M
Revenue by segment
Harmony Biosciences · $117M total across 1 segment · Q3 2022
- WAKIX Net Product Revenue$117M+45.2%100.0%
Forward guidance
The press release does not contain any forward guidance.
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 2022
+1.3%
Avg return
Earnings day
+3.0%
Avg return
5 days after
+6.0%
Avg return
30 days after
54%
14 / 26 earnings
Positive
+24.4%
Q3 2023
Best reaction
-15.1%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.1% | -8.0% | -1.8% | |
| Q4 2025 | +2.6% | +6.2% | +2.1% | |
| Q3 2025 | -1.6% | -5.1% | +18.1% | |
| Q1 2025 | +7.0% | +13.7% | +16.9% | |
| Q4 2024 | +8.2% | -1.0% | -2.4% | |
| Q3 2024 | -5.5% | -7.5% | +0.0% | |
| Q2 2024 | +8.5% | +9.4% | +15.0% | |
| Q1 2024 | +3.5% | +7.9% | -1.3% | |
| Q4 2023 | -1.5% | +1.5% | +0.9% | |
| Q3 2023 | +24.4% | +31.5% | +47.4% | |
| Q2 2023 | -7.9% | -5.0% | +2.5% | |
| Q1 2023 | +9.9% | +9.5% | +5.0% | |
| Q4 2022 | -6.1% | -8.0% | -15.2% | |
| Q3 2022 | +12.5% | +13.2% | +15.4% | |
| Q2 2022 | +6.3% | +6.6% | -7.8% | |
| Q1 2022 | -15.1% | -21.9% | -5.0% | |
| Q4 2021 | +5.6% | +6.1% | +31.5% | |
| Q3 2021 | +0.1% | -0.1% | -9.3% | |
| Q2 2021 | +13.9% | +20.1% | +41.4% | |
| Q1 2021 | +1.2% | +4.0% | +21.8% | |
| Q1 2020 | +1.2% | +4.0% | +21.8% | |
| Q2 2020 | -4.1% | +11.4% | -2.1% | |
| Q4 2020 | -4.1% | +11.4% | -2.1% | |
| Q3 2020 | -6.8% | -7.4% | -12.0% | |
| Q4 2019 | -6.8% | -7.4% | -12.0% | |
| Q3 2019 | -6.8% | -7.4% | -12.0% | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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