NASDAQ$RYTM

Rhythm Pharmaceuticals Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported financial results for the third quarter ended September 30, 2021.

Rhythm Pharmaceuticals reported their Q3 2021 financial results, highlighting the submission of regulatory filings in the U.S. and EU for IMCIVREE for the treatment of Bardet-Biedl and Alström syndromes and the ongoing launch preparations.

  • Submitted U.S. and EU regulatory filings for IMCIVREE® (setmelanotide) for treatment of Bardet-Biedl and Alström syndromes.
  • Delivered a total of 22 presentations at three major medical conferences.
  • IMCIVREE third quarter net sales reached $1M.
  • Existing cash, cash equivalents and short-term investments as of September 30, 2021, will be sufficient to fund its operating expenses and capital expenditure requirements into at least the second half of 2023.

Headline financials

Total Revenue

$1.03M

No prior period
EPS (adj)

-$0.70

Previous: -$0.77+9.1%
Capital Expenditures

-$366K

No prior period
Free Cash Flow

-$35.5M

No prior period
Net Income

-$35.1M

Previous: $0.00
Operating Income

-$44.2M

Previous: $0.00
Gross Profit

$806K

No prior period
Cash & Equivalents

$92.4M

No prior period
Total Assets

$356M

No prior period
Stock-Based Comp

$5.27M

No prior period

Revenue & EPS history

Rhythm Pharmaceuticals · Revenue · Quarterly

$1.03M

Q3 2021
Beat estimate in 6 of 12 quarters(50%)
ActualEstimate

Forward guidance

Rhythm expects that its existing cash, cash equivalents and short-term investments as of September 30, 2021, will be sufficient to fund its operating expenses and capital expenditure requirements into at least the second half of 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 Q3 2021

Historical avgQ3 2021

+3.1%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+5.4%

Avg return

30 days after

53%

18 / 34 earnings

Positive

+40.8%

Q2 2022

Best reaction

-15.7%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.2%+10.3%+2.5%
Q4 2025-0.9%-9.7%-23.5%
Q3 2025-7.7%-11.8%-7.1%
Q1 2025+2.9%-6.0%+8.6%
Q4 2024+4.5%+2.7%+7.4%
Q3 2024+18.2%+27.1%+9.1%
Q2 2024-1.1%+2.8%+9.6%
Q1 2024-11.3%-10.8%-9.6%
Q4 2023-7.5%-5.7%-16.9%
Q3 2023+1.2%+5.1%+40.3%
Q2 2023+36.3%+37.0%+45.8%
Q1 2023-8.4%-17.4%-15.0%
Q4 2022+0.1%-9.8%-26.6%
Q3 2022-2.5%+15.5%+15.7%
Q2 2022+40.8%+62.6%+103.5%
Q1 2022-12.5%-32.1%-46.0%
Q4 2021+21.3%+21.7%+51.2%
Q3 2021+14.4%+14.9%-24.0%
Q2 2021-15.7%-17.5%-22.1%
Q1 2021-0.1%+2.6%-10.5%
Q4 2020+3.2%+0.2%-17.9%
Q3 2020+8.8%+7.9%+51.2%
Q2 2020-2.4%-1.8%+55.2%
Q1 2020+7.1%+8.7%+10.9%
Q4 2019+3.0%-5.4%-22.1%
Q3 2019+0.6%-1.3%+5.3%
Q2 2019-4.7%-2.9%+11.7%
Q1 2019-0.7%-1.0%-2.4%
Q4 2018+5.8%+8.2%+1.6%
Q3 2018-12.3%-15.3%-13.1%
Q2 2018-1.3%-2.8%-5.9%
Q1 2018+17.8%+21.2%+29.9%
Q4 2017+6.9%-16.3%-24.0%
Q3 2017-5.7%+1.3%+10.1%
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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