NASDAQ$RYTM

Rhythm Pharmaceuticals Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results and provided a business update.

Rhythm Pharmaceuticals reported their Q4 2021 financial results, highlighting the commercial availability of IMCIVREE and progress in clinical development and regulatory efforts.

  • IMCIVREE fourth quarter sales were $1.8M.
  • First commercial sales of IMCIVREE in Germany and France expected in 2Q2022.
  • Enrollment completed in Phase 2 trial evaluating setmelanotide in patients with hypothalamic obesity.
  • A potential U.S. approval for IMCIVREE in BBS and Alström syndrome now set for June.

Headline financials

Total Revenue

$1.82M

No prior period
EPS (adj)

-$0.85

Previous: -$0.79-7.6%
Capital Expenditures

$68K

Previous: $84K-19.0%
Free Cash Flow

-$40.5M

Previous: -$29.2M-38.8%
Net Income

-$42.9M

Previous: -$34.9M-22.8%
Operating Income

-$51M

Previous: -$35.1M-45.4%
Gross Profit

$1.58M

No prior period
Cash & Equivalents

$59.2M

Previous: $101M-41.3%
Total Assets

$330M

Previous: $187M+76.1%
Stock-Based Comp

$4.68M

Previous: $4.26M+9.8%

Revenue & EPS history

Rhythm Pharmaceuticals · Revenue · Quarterly

$1.82M

Q4 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 December 31, 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 Q4 2021

Historical avgQ4 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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