NASDAQ$IVVD

Invivyd Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Invivyd reported financial results for Q2 2024, launched PEMGARDA commercially with $2.3 million in net product revenue, and achieved Medicare and Medicaid coverage.

Invivyd launched PEMGARDA commercially in Q2 2024, generating $2.3 million in net product revenue. The company ended the quarter with $147.9 million in cash and cash equivalents and is preparing for the peak fall/winter respiratory virus season.

  • PEMGARDA launched commercially in Q2 2024 with $2.3 million of net product revenue.
  • Commercial results accelerated in early Q3 2024.
  • New commercial leadership was appointed with Tim Lee as Chief Commercial Officer.
  • Cash and cash equivalents totaled $147.9 million at the end of Q2 2024.

Headline financials

Total Revenue

$2.26M

Previous: $0.00
EPS

-$0.40

Previous: -$0.46+13.0%
Capital Expenditures

-$140K

Previous: -$9K-1455.6%
Free Cash Flow

-$47.4M

Previous: -$37.4M-26.8%
Net Income

-$47.2M

Previous: -$50.2M+5.9%
Operating Income

-$49.2M

Previous: -$53.9M+8.6%
Gross Profit

$2.26M

No prior period
R&D Expense

$30.3M

No prior period
Stock-Based Comp

$8.49M

Previous: $4.68M+81.5%

Revenue & EPS history

Invivyd · Revenue · Quarterly

$2.26M

Q2 2024
Beat estimate in 0 of 7 quarters(0%)
ActualEstimate

Forward guidance

Invivyd anticipates 2024 net product revenue of $150 million to $200 million and expects to end 2024 with at least $75 million in cash and cash equivalents, based on current operating plans 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 Q2 2024

Historical avgQ2 2024

-1.7%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-16.8%

Avg return

30 days after

53%

10 / 19 earnings

Positive

+18.4%

Q4 2021

Best reaction

-21.6%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-21.6%-30.4%-48.5%
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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