NASDAQ$PHAT

Phathom Pharmaceuticals Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported financial results for the first quarter of 2020.

Phathom Pharmaceuticals reported a net loss of $20.1 million for the first quarter of 2020, which included non-cash charges related to stock-based compensation of $0.6 million and a change in fair value of warrant liabilities of ($0.1) million. The company's research and development expenses increased to $15.9 million, and general and administrative expenses increased to $4.5 million. As of March 31, 2020, cash and cash equivalents were $256.7 million.

  • Phathom paused new patient randomization in its PHALCON-HP and PHALCON-EE Phase 3 studies due to the COVID-19 pandemic.
  • First quarter net loss was $20.1 million, compared to $1.3 million for the first quarter of 2019.
  • Research and development expenses increased to $15.9 million due to the in-licensing of vonoprazan.
  • Cash and cash equivalents were $256.7 million as of March 31, 2020.

Headline financials

EPS (adj)

-$0.62

Previous: -$0.15-325.2%
Net loss per share

-$0.62

No prior period
Net Income

-$20.1M

Previous: -$1.25M-1510.0%
Operating Income

-$20.4M

Previous: -$1.23M-1561.9%
Cash & Equivalents

$257M

No prior period

Revenue & EPS history

Phathom · Revenue · Quarterly

$58.3M

Q1 2026+104.4%vs Q1 2025
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

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 Q1 2020

Historical avgQ1 2020

-2.2%

Avg return

Earnings day

-5.3%

Avg return

5 days after

-0.4%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+10.0%

Q1 2023

Best reaction

-22.8%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.9%+6.9%-18.6%
Q4 2025+9.9%-10.3%-14.1%
Q3 2025-1.8%+8.1%+9.8%
Q1 2025-21.7%-44.1%-0.9%
Q4 2024-3.0%-21.2%-19.7%
Q3 2024-6.3%-47.1%-50.0%
Q2 2024+8.7%+12.6%+63.9%
Q1 2024-5.6%+2.9%+5.0%
Q4 2023-8.7%-16.0%+13.4%
Q3 2023-4.0%-9.2%+7.8%
Q2 2023+3.0%+2.0%-15.8%
Q1 2023+10.0%+5.0%+8.3%
Q4 2022-7.1%-10.0%-29.9%
Q3 2022-9.8%+4.0%+5.3%
Q2 2022-22.8%-20.1%-3.6%
Q1 2022-6.3%-10.5%-19.7%
Q4 2021+2.0%-4.2%-24.9%
Q3 2021+1.7%-2.4%-13.7%
Q2 2021+1.5%-0.1%+6.6%
Q1 2021+6.4%+0.9%+5.9%
Q4 2020+3.6%+1.9%+9.8%
Q3 2020-8.6%-3.0%+12.6%
Q2 2020+5.1%+12.2%+5.3%
Q1 2020-0.9%-1.4%+24.1%
Q4 2019-3.2%-3.2%+13.5%
Q3 2019+6.5%+9.1%+9.0%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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