NASDAQ$LYRA

Lyra Therapeutics Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Lyra Therapeutics reported financial results for the second quarter of 2020 and provided a corporate update.

Lyra Therapeutics reported a net loss of $4.5 million for the second quarter of 2020. The company's cash and cash equivalents increased to $86.6 million due to proceeds from its IPO.

  • Pamela Nelson was appointed as Senior Vice President of Regulatory Affairs.
  • Robert Richard was appointed as Senior Vice President of Research and Development.
  • Closed Initial Public Offering (IPO) with gross proceeds of approximately $64 million.
  • Cash and cash equivalents as of June 30, 2020 were $86.6 million.

Headline financials

Total Revenue

$185K

No prior period
EPS (adj)

-$0.56

Previous: -$0.67+16.5%
Weighted-average common shares outstanding

8.2M

No prior period
Capital Expenditures

-$85K

No prior period
Free Cash Flow

-$4.63M

No prior period
Net Income

-$4.54M

Previous: -$4.2M-8.1%
Operating Income

-$4.55M

Previous: -$4.28M-6.2%
Gross Profit

$185K

Previous: $0.00
Cash & Equivalents

$86.6M

No prior period

Revenue & EPS history

Lyra · Revenue · Quarterly

$185K

Q2 2020
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

Lyra · $410K total across 1 segment · Q1 2023

  • Collaboration revenue
    $410K

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 Q2 2020

Historical avgQ2 2020

-1.6%

Avg return

Earnings day

-3.1%

Avg return

5 days after

-1.7%

Avg return

30 days after

29%

7 / 24 earnings

Positive

+11.0%

Q1 2024

Best reaction

-25.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.0%+0.1%+52.2%
Q3 2025-1.0%-5.9%-6.3%
Q2 2025+9.5%+8.3%-6.8%
Q1 2025-6.3%-17.3%+102.9%
Q4 2024-4.1%-14.8%-39.2%
Q3 2024-25.4%-35.8%-23.8%
Q2 2024-3.3%+4.0%-6.6%
Q1 2024+11.0%-14.8%-93.0%
Q4 2023+2.8%+1.0%-14.5%
Q3 2023+0.0%+2.4%+33.4%
Q2 2023+5.4%+13.8%+20.8%
Q1 2023-6.8%-2.1%+3.6%
Q4 2022+6.1%+13.8%+22.4%
Q3 2022-17.9%-20.3%-35.8%
Q2 2022-1.7%+0.6%-5.2%
Q1 2022+7.1%+7.7%+18.1%
Q4 2021-4.0%-5.8%+22.8%
Q3 2021-1.0%-0.4%-32.9%
Q2 2021-3.9%-0.4%+17.6%
Q1 2021-1.0%-5.6%+11.9%
Q4 2020-4.8%-2.2%-20.9%
Q3 2020+1.0%-1.8%-13.3%
Q2 2020-0.9%+0.9%-17.8%
Q1 2020-0.5%+0.1%-31.6%
Q3 2019
Q2 2019
Q1 2019

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