NASDAQ$RVPH

Reviva Pharmaceuticals Holdi · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reviva reported financial results for the second quarter ended June 30, 2022 and summarized recent business highlights.

Reviva Pharmaceuticals reported a net loss of $5.3 million for the second quarter of 2022, with cash totaling $19.4 million as of June 30, 2022. The company is focused on advancing the clinical development of brilaroxazine in the Phase 3 RECOVER study for schizophrenia.

  • Enrollment is on pace for the ongoing pivotal Phase 3 RECOVER trial.
  • Topline data for RECOVER evaluating brilaroxazine for schizophrenia is expected in mid-2023.
  • Cash totaled $19.4 million as of June 30, 2022.
  • Over 20% of the approximately 400 patients planned already enrolled.

Headline financials

EPS (adj)

-$0.29

Previous: -$0.12-141.7%
Net Income

-$5.3M

Previous: -$2.6M-103.8%
Operating Income

-$5.52M

Previous: -$1.79M-208.3%
Cash & Equivalents

$19.4M

Previous: $35.8M-45.8%
Total Assets

$20.6M

Previous: $36.5M-43.5%
Stock-Based Comp

$39.9K

Previous: $17.1K+133.3%

Revenue & EPS history

Reviva · Revenue · Quarterly

$0

Q3 2025

Forward guidance

Reviva believes that based on the current operating plan and financial resources, the Company’s cash as of June 30, 2022 will be sufficient to fund its current operating plans through at least March 2023.

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 2022

Historical avgQ2 2022

-1.2%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+16.7%

Avg return

30 days after

39%

11 / 28 earnings

Positive

+15.8%

Q2 2025

Best reaction

-22.9%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+9.6%+13.7%+94.3%
Q3 2025-7.3%-7.9%+23.0%
Q2 2025+15.8%+11.4%-5.1%
Q1 2025+4.9%+31.6%-8.1%
Q4 2024+15.0%+16.0%+17.1%
Q3 2024-9.6%+0.8%+108.8%
Q1 2024+0.6%-1.8%-11.8%
Q4 2023-9.8%-18.2%-53.7%
Q3 2023-17.2%-33.6%-37.1%
Q2 2023+3.4%+0.0%+28.8%
Q1 2023+5.4%-0.5%-15.6%
Q4 2022-10.1%-5.2%+47.0%
Q3 2022-22.9%-9.5%-21.6%
Q2 2022+2.8%+4.9%+208.5%
Q1 2022+15.3%+17.1%-20.4%
Q4 2021+0.0%-3.3%+21.1%
Q3 2021-1.3%-10.3%-11.4%
Q2 2021-6.0%-4.9%+18.3%
Q1 2021-0.2%+12.2%-1.2%
Q4 2020-22.3%-22.6%-46.5%
Q3 2020-0.7%
Q2 2020+0.0%
Q1 2020+0.1%
Q4 2019+0.0%
Q3 2019+0.0%
Q2 2019+0.4%
Q1 2018-0.1%
Q4 2018+0.0%
Q3 2018
Q2 2018

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