NASDAQ$IVVD
Invivyd Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Invivyd reported financial results for the first quarter of 2024 and provided recent business highlights.
Invivyd launched PEMGARDA in the U.S. for COVID-19 pre-exposure prophylaxis and reported interim data from the CANOPY Phase 3 trial. The company ended Q1 with $189.4 million in cash and expects to end 2024 with at least $75 million based on anticipated revenue of $150-$200 million.
- Launched PEMGARDA in the U.S. for COVID-19 pre-exposure prophylaxis.
- Reported interim exploratory COVID-19 clinical event data from CANOPY Phase 3 clinical trial of VYD222.
- Received product-specific reimbursement codes covering PEMGARDA from CMS, covering approximately half of the target population.
- Announced plans to pursue rapid immunobridging pathway to potential EUA for COVID-19 treatment.
Headline financials
Revenue & EPS history
Invivyd · Revenue · Quarterly
$0
Forward guidance
Invivyd expects to end 2024 with at least $75 million in cash and cash equivalents, based on anticipated 2024 net product revenue of $150-$200 million and recent resource realignment.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2024
-1.7%
Avg return
Earnings day
-1.3%
Avg return
5 days after
-15.0%
Avg return
30 days after
53%
10 / 19 earnings
Positive
+18.4%
Q4 2021
Best reaction
-21.6%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -21.6% | -30.4% | — | |
| Q4 2025 | +2.4% | +7.0% | -25.1% | |
| Q3 2025 | +1.3% | +8.6% | +46.7% | |
| Q1 2025 | -15.8% | -3.2% | -5.3% | |
| Q4 2024 | +2.6% | -8.3% | -29.2% | |
| Q3 2024 | -15.2% | -13.8% | -38.5% | |
| Q2 2024 | -1.9% | -13.9% | +8.5% | |
| Q1 2024 | -10.7% | -4.0% | -33.2% | |
| Q4 2023 | +6.3% | +1.8% | -49.8% | |
| Q3 2023 | -7.9% | -1.3% | +11.8% | |
| Q2 2023 | +2.6% | +5.1% | +13.5% | |
| Q1 2023 | +1.4% | +5.6% | -8.5% | |
| Q4 2022 | -7.7% | -4.9% | -19.0% | |
| Q3 2022 | +8.8% | +6.3% | -40.2% | |
| Q2 2022 | -2.5% | +5.3% | +9.8% | |
| Q1 2022 | +7.9% | +10.9% | +11.3% | |
| Q4 2021 | +18.4% | +13.8% | -25.7% | |
| Q3 2021 | +5.5% | +4.9% | -66.8% | |
| Q2 2021 | -7.0% | -15.0% | -30.5% |
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