NASDAQ$SVRA
Savara Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported financial results for the second quarter ending June 30, 2020 and provided a business update.
Savara reported a net loss attributable to common stockholders of $9.4 million, or $(0.16) per share, for the three months ended June 30, 2020. The company had cash, cash equivalents, and short-term investments of approximately $100 million as of June 30, 2020.
- IMPALA 2 study design finalized with study start expected in Q1 2021.
- Analyzing data from the previous Apulmiq development program and working on the design of a future program.
- Top line results from AVAIL study expected in early 2021.
- ENCORE study enrollment stopped early due to COVID-19 concerns, but data will provide useful information.
Headline financials
Revenue & EPS history
Savara · Revenue · Quarterly
$0
Forward guidance
Savara anticipates an additional approximately $46.0 million in gross proceeds from the second tranche of the December 2019 financing.
Tailwinds
- IMPALA 2 study is expected to start in Q1 2021.
- The IMPALA 2 study design incorporates feedback from the FDA and EMA.
- The company is confident in the IMPALA 2 study design.
- Top line results from AVAIL are expected in early 2021.
- Data from the ENCORE study will provide useful information.
Headwinds
- The Phase 3 AVAIL study stopped enrolling new patients due to COVID-19 concerns.
- The exploratory ENCORE study stopped enrolling new patients due to COVID-19 concerns.
- Savara's expectations involve assumptions that may never materialize or may prove to be incorrect.
- The COVID-19 pandemic may have an impact on the business and operations.
- Savara's ability to project future cash utilization and reserves needed for contingent future liabilities and business operations.
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 2020
-1.1%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+7.6%
Avg return
30 days after
35%
13 / 37 earnings
Positive
+12.5%
Q3 2018
Best reaction
-20.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.8% | -1.8% | — | |
| Q4 2025 | -0.8% | +3.4% | -3.0% | |
| Q3 2025 | -4.9% | -3.0% | +59.8% | |
| Q2 2025 | +5.5% | +18.2% | +38.0% | |
| Q1 2025 | +9.9% | +23.7% | +13.9% | |
| Q4 2024 | +4.7% | +8.3% | +14.4% | |
| Q3 2024 | -20.1% | -26.8% | -17.7% | |
| Q2 2024 | +4.0% | +9.3% | +8.5% | |
| Q1 2024 | -6.6% | -3.6% | -20.6% | |
| Q4 2023 | -2.2% | -9.2% | -11.8% | |
| Q3 2023 | -6.2% | -0.5% | +12.4% | |
| Q2 2023 | +4.3% | +3.8% | -0.8% | |
| Q1 2023 | +8.5% | +31.7% | +60.8% | |
| Q4 2022 | -3.9% | -15.8% | -7.4% | |
| Q3 2022 | +5.4% | +18.0% | +42.3% | |
| Q2 2022 | +3.0% | -0.6% | -10.8% | |
| Q1 2022 | +3.6% | +20.0% | +28.2% | |
| Q4 2021 | +5.6% | +3.2% | -4.8% | |
| Q3 2021 | -1.7% | -3.4% | -10.3% | |
| Q2 2021 | -3.3% | -4.1% | +17.9% | |
| Q1 2021 | +1.3% | +5.2% | +18.8% | |
| Q4 2020 | -13.6% | -3.8% | +6.0% | |
| Q3 2020 | -3.7% | +3.7% | +32.1% | |
| Q2 2020 | +0.0% | -8.0% | -41.0% | |
| Q1 2020 | -2.5% | +2.1% | +0.8% | |
| Q4 2019 | -2.5% | +0.4% | -10.2% | |
| Q3 2019 | -7.6% | -15.8% | +22.1% | |
| Q2 2019 | -6.5% | -3.7% | -1.6% | |
| Q1 2019 | +2.0% | +0.5% | -7.8% | |
| Q4 2018 | -4.2% | -2.7% | +11.5% | |
| Q3 2018 | +12.5% | +2.9% | -20.3% | |
| Q2 2018 | -2.6% | -7.6% | -2.0% | |
| Q1 2018 | -5.8% | -4.7% | +14.9% | |
| Q4 2017 | -4.5% | -1.0% | -12.4% | |
| Q3 2017 | -4.3% | +4.4% | +49.3% | |
| Q2 2017 | -3.7% | -4.2% | +13.3% | |
| Q1 2017 | -0.5% | -7.4% | -7.9% | |
| Q3 2016 | — | — | — | |
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| Q2 2012 | — | — | — | |
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| Q4 2011 | — | — | — | |
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| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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