NASDAQ$TARS

Tarsus Pharmaceuticals Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported strong fourth quarter results driven by XDEMVY net product sales and pipeline advancements.

Tarsus Pharmaceuticals reported strong Q4 2023 financial results, driven by $13.1 million in revenues from XDEMVY net product sales. The company also highlighted the positive progress of its clinical pipeline and commercial initiatives.

  • Generated $13.1 million in revenue in Q4 2023, driven by XDEMVY net product sales.
  • Reported positive topline results from the Phase 2a Galatea trial evaluating TP-04 for Papulopustular Rosacea (PPR).
  • Advanced pipeline with positive proof-of-concept results across entire clinical portfolio.
  • Delivered more than 17,400 bottles of XDEMVY to patients.

Headline financials

Total Revenue

$13.1M

Previous: $10M+30.8%
EPS (adj)

-$1.31

Previous: -$0.49-167.3%
Net Income

-$41.9M

Previous: -$13.1M-220.4%
Operating Income

-$44.5M

Previous: -$15.1M-195.1%
Gross Profit

$11.9M

Previous: $9.6M+23.5%
R&D Expense

$13.3M

No prior period
Stock-Based Comp

$5.48M

Previous: $3.67M+49.3%

Revenue & EPS history

Tarsus · Revenue · Quarterly

$13.1M

Q4 2023+30.8%vs Q4 2022
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Tarsus anticipates an impactful year ahead, driven by the approval, launch, and rapid uptake of XDEMVY.

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 2023

Historical avgQ4 2023

+3.2%

Avg return

Earnings day

+4.2%

Avg return

5 days after

+17.8%

Avg return

30 days after

63%

15 / 24 earnings

Positive

+18.3%

Q2 2024

Best reaction

-10.5%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-8.4%-9.0%
Q4 2025+9.6%+8.5%-3.4%
Q3 2025-4.7%+1.8%+14.4%
Q1 2025-6.1%-5.9%-14.6%
Q4 2024-9.3%-2.3%+11.2%
Q3 2024-1.9%-6.2%+10.4%
Q2 2024+18.3%+16.5%+34.8%
Q1 2024-10.5%+0.9%-15.3%
Q4 2023+14.2%+11.4%+9.6%
Q3 2023+5.6%+8.3%+4.5%
Q2 2023-2.5%-1.5%-7.0%
Q1 2023+7.1%+5.8%+25.9%
Q4 2022+0.4%-10.6%-15.8%
Q3 2022-0.1%-0.5%-14.2%
Q2 2022+5.4%+0.6%-8.3%
Q1 2022+7.2%+16.8%+25.4%
Q4 2021-4.9%-4.7%-1.1%
Q3 2021+0.4%-2.9%-13.8%
Q2 2021+6.2%+3.7%+13.3%
Q1 2021+2.9%+5.6%+38.3%
Q4 2020+16.4%+15.8%+8.6%
Q1 2020+7.5%+16.1%+111.4%
Q3 2020+7.5%+16.1%+111.4%
Q2 2020+7.5%+16.1%+111.4%
Q4 2019
Q3 2019
Q2 2018
Q1 2018

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro