NASDAQ$LQDA

Liquidia Corporation · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported financial results for the second quarter ended June 30, 2024.

Liquidia Corporation reported revenue of $3.7 million and a net loss of $27.9 million for the second quarter ended June 30, 2024. The company's cash and cash equivalents totaled $133.1 million as of June 30, 2024.

  • Judge Andrews denied the motion for preliminary injunction filed by United Therapeutics (UTHR) in its lawsuit alleging that YUTREPIA infringes U.S. Patent No. 11,826,327 (‘327 patent).
  • The U.S. District Court for the District of Columbia has denied motions for a temporary restraining order and preliminary injunction requested by UTHR in its suit against the U.S. Food and Drug Administration (FDA).
  • Liquidia presented two live thematic poster sessions and five encore presentations covering the company’s investigational products, YUTREPIA™ (treprostinil) inhalation powder and L606 (liposomal treprostinil) inhalation suspension at the World Symposia on Pulmonary Hypertension.
  • Liquidia presented data related to the investigational use of L606 (liposomal treprostinil) inhalation suspension in patients with pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD) at the ATS Conference in San Diego.

Headline financials

Total Revenue

$3.66M

Previous: $4.79M-23.5%
EPS

-$0.37

Previous: -$0.36-2.8%
Interest Income

$1.86M

No prior period
Interest Expense

$3.33M

No prior period
Capital Expenditures

-$1.91M

Previous: -$609K-214.3%
Free Cash Flow

-$29.9M

Previous: -$24.1M-23.8%
Net Income

-$27.9M

Previous: -$23.5M-18.8%
Operating Income

-$27.2M

Previous: -$22.8M-19.2%
Gross Profit

$2.17M

Previous: $4.12M-47.4%
R&D Expense

$9.42M

No prior period
Stock-Based Comp

$4.37M

Previous: $2.5M+74.9%

Revenue & EPS history

Liquidia · Revenue · Quarterly

$3.66M

Q2 2024-23.5%vs Q2 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Liquidia · $3.7M total across 1 segment · Q3 2023

  • Promotion Agreement
    $3.7M+15.6%

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+3.4%

Avg return

Earnings day

+5.4%

Avg return

5 days after

+1.7%

Avg return

30 days after

60%

18 / 30 earnings

Positive

+31.8%

Q2 2022

Best reaction

-13.3%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+25.4%+34.5%
Q4 2025+0.4%+12.9%+9.6%
Q3 2025+8.8%+7.1%+38.5%
Q1 2025-1.0%+3.0%+16.8%
Q4 2024+1.2%+6.2%-6.9%
Q3 2024-5.6%-7.6%+2.7%
Q2 2024+2.9%+10.4%-17.7%
Q1 2024-0.8%+5.4%+10.4%
Q4 2023+9.6%+11.3%-0.2%
Q3 2023-1.0%-4.4%+9.8%
Q2 2023-6.3%-8.9%-7.5%
Q1 2023+5.0%+7.8%+26.1%
Q4 2022+13.5%+13.2%+6.3%
Q3 2022+0.8%-0.4%+14.6%
Q2 2022+31.8%+34.5%+9.9%
Q1 2022+7.7%+21.9%-17.0%
Q4 2021+11.2%+9.7%-17.8%
Q3 2021+9.9%+9.7%+3.1%
Q2 2021-0.8%+11.8%+16.4%
Q1 2021-0.7%+0.0%-0.7%
Q4 2020-7.4%-6.6%+2.2%
Q3 2020+0.7%-12.7%-36.9%
Q2 2020-13.3%-8.5%-23.3%
Q1 2020+8.0%+8.7%+13.4%
Q4 2019-1.5%+1.7%+54.5%
Q3 2019+5.2%+0.6%+6.4%
Q2 2019+6.4%-0.7%-40.6%
Q1 2019-3.0%-0.4%+2.6%
Q4 2018+3.0%+3.1%-43.8%
Q3 2018-9.2%-1.3%+19.4%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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