NASDAQ$LYRA

Lyra Therapeutics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Lyra Therapeutics reported financial results for the fourth quarter and full year ended December 31, 2020 and provided a corporate update.

Lyra Therapeutics announced positive topline data from their LANTERN Phase 2 Study for LYR-210 and strengthened their team with the additions of Dr. Kern to the management team and Dr. Snyderman to the board. Cash and cash equivalents were $74.6 million as of December 31, 2020.

  • Announced positive topline results for LANTERN Phase 2 Study of LYR-210.
  • LYR-210 is the first nasal implant to achieve a benefit of up to six months after a single administration in a clinical testing, and the first nasal implant to achieve a benefit in both polyp and non-polyp patients in clinical testing.
  • Appointed Robert Kern, MD, Chief Medical Officer.
  • Added Nancy L. Snyderman, M.D. to Board of Directors.

Headline financials

EPS (adj)

-$0.46

No prior period
Net Income

-$7M

No prior period
Operating Income

-$7.1M

No prior period
Cash & Equivalents

$74.6M

No prior period
Total Assets

$80.8M

No prior period

Revenue & EPS history

Lyra · Revenue · Quarterly

$25K

Q3 2025-87.2%vs Q3 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

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

  • Collaboration revenue
    $410K

Forward guidance

Lyra has sufficient cash to fund the company through planned operations into 2023.

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 Q4 2020

Historical avgQ4 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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