NASDAQ$MIRM
Mirum Pharmaceuticals Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Mirum Pharmaceuticals reported its Q4 2022 financial results and provided a business update.
Mirum Pharmaceuticals reported total revenue of $27.91 million for the fourth quarter of 2022, driven by net product sales of LIVMARLI, and ended the year with $251.7 million in cash, cash equivalents, restricted cash equivalents, and short-term investments.
- Fourth quarter 2022 net sales grew 48% as compared to third quarter 2022.
- U.S. business positioned for 50% net product sales growth in 2023.
- Launched LIVMARLI in Germany in early 2023 following European Commission approval.
- Submitted a supplemental New Drug Application (sNDA) to U.S. Food and Drug Administration for LIVMARLI PFIC.
Headline financials
Revenue & EPS history
Mirum Pharmaceuticals · Revenue · Quarterly
$27.9M
Revenue by segment
Mirum Pharmaceuticals · $27.9M total across 1 segment · Q4 2022
- Net Product Sales$27.9M—100.0%
Forward guidance
Mirum Pharmaceuticals anticipates a transformative year in 2023, with potential label expansion into PFIC and data milestones for other late-stage clinical programs.
Tailwinds
- Continued commercial success for LIVMARLI
- Growth in year over year net product sales
- Planned LIVMARLI launches in additional international markets
- Label expansion into PFIC
- Becoming a global leader in rare disease
Headwinds
- Risks and uncertainties associated with Mirum’s business in general
- Impact of the COVID-19 pandemic
- Risks described in Mirum’s filings with the Securities and Exchange Commission
- Uncertainties regarding results, conduct and progress of Mirum’s ongoing and planned studies for its product candidates
- Uncertainties regarding the regulatory approval path for its product candidates globally.
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 2022
+1.7%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+2.9%
Avg return
30 days after
59%
16 / 27 earnings
Positive
+26.4%
Q2 2022
Best reaction
-16.2%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.0% | +0.2% | -11.7% | |
| Q4 2025 | -15.1% | -19.2% | -18.6% | |
| Q3 2025 | -1.4% | -1.8% | -3.5% | |
| Q1 2025 | +9.9% | +9.8% | +12.5% | |
| Q4 2024 | -7.0% | -10.5% | -9.0% | |
| Q3 2024 | +5.6% | +6.9% | +1.6% | |
| Q2 2024 | +1.8% | +14.3% | +5.0% | |
| Q1 2024 | -0.3% | -4.4% | -3.2% | |
| Q4 2023 | -3.0% | -3.1% | -15.2% | |
| Q3 2023 | +5.6% | +5.6% | +12.6% | |
| Q2 2023 | +6.1% | +2.1% | +6.1% | |
| Q1 2023 | -8.3% | -7.9% | -7.9% | |
| Q4 2022 | -1.1% | -4.7% | +5.1% | |
| Q3 2022 | -16.2% | -19.7% | -24.1% | |
| Q2 2022 | +26.4% | +18.0% | +7.4% | |
| Q1 2022 | +7.1% | -4.4% | +7.0% | |
| Q4 2021 | +3.3% | +1.5% | +29.5% | |
| Q3 2021 | +0.1% | -1.2% | -7.9% | |
| Q2 2021 | +0.5% | -4.0% | +23.0% | |
| Q1 2021 | -1.4% | -6.3% | -10.8% | |
| Q4 2020 | +6.0% | +14.3% | +10.2% | |
| Q3 2020 | +11.6% | +16.9% | +48.0% | |
| Q2 2020 | +13.0% | +15.3% | -4.3% | |
| Q1 2020 | +0.1% | +6.2% | +10.8% | |
| Q4 2019 | +8.1% | -10.5% | +25.7% | |
| Q3 2019 | -0.1% | +4.0% | +22.6% | |
| Q2 2019 | -9.0% | -10.3% | -31.5% | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — |
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