NASDAQ$TBPH

Theravance Biopharma Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Theravance Biopharma reported financial results for the first quarter ended March 31, 2020.

Theravance Biopharma reported revenue of $19.9 million and an operating loss of $72.5 million for the first quarter of 2020. The company's cash, cash equivalents, and marketable securities totaled $492.1 million as of March 31, 2020. The company is focusing on advancing its pipeline programs, including TD-0903 for COVID-19 related lung injury, and continuing its partnership with Janssen on TD-1473 and TD-5202.

  • YUPELRI growth continued in Q1 2020, but trajectory could be affected by COVID-19 in Q2.
  • Company moved to remote working conditions in early March 2020.
  • Accelerated internal research and development efforts on TD-0903 for Acute Lung Injury caused by COVID-19.
  • Screening of new patients is now resuming in some countries in a controlled and measured fashion as individual sites confirm their ability to support the study requirements.

Headline financials

Total Revenue

$19.9M

Previous: $5.34M+272.1%
EPS (adj)

-$1.14

Previous: -$1.32+13.6%
Free Cash Flow

-$83.1M

Previous: -$72.6M-14.4%
Net Income

-$83.1M

Previous: -$72.6M-14.4%
Operating Income

-$72.5M

Previous: -$73.7M+1.6%
Gross Profit

-$46.2M

No prior period
Cash & Equivalents

$333M

Previous: $223M+49.1%
Total Assets

$605M

Previous: $531M+14.0%
Stock-Based Comp

$15.3M

No prior period

Revenue & EPS history

Theravance · Revenue · Quarterly

$19.9M

Q1 2020+272.1%vs Q1 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Theravance · $19.4K total across 1 segment · Q3 2022

  • YUPELRI
    $19.4K

Forward guidance

The company is implementing mitigation plans to ensure patients in the clinical trials have continued access to drug supply and regular visits with their physicians for study visits per trial protocols.

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 Q1 2020

Historical avgQ1 2020

-0.4%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+0.5%

Avg return

30 days after

53%

26 / 49 earnings

Positive

+22.6%

Q3 2025

Best reaction

-20.0%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+2.9%+2.0%
Q1 2026+0.4%-2.8%-3.8%
Q3 2025+22.6%+15.3%+17.2%
Q2 2025+4.2%+14.2%+20.0%
Q1 2025-9.0%-15.1%+13.6%
Q4 2024+2.1%+0.2%+1.7%
Q3 2024+6.6%+4.8%+8.7%
Q2 2024-18.8%-20.5%-16.6%
Q1 2024+0.1%-1.0%-7.9%
Q4 2023+7.9%+5.1%+0.3%
Q3 2023+2.8%+1.3%+6.3%
Q2 2023-2.1%+0.2%-4.0%
Q1 2023+0.4%-0.3%-1.4%
Q4 2022+9.4%+2.0%+8.6%
Q3 2022+4.0%+13.2%+7.4%
Q2 2022-5.4%-2.6%+1.4%
Q1 2022-9.5%-10.5%-12.0%
Q4 2021+6.3%+7.8%+4.0%
Q3 2021+7.1%+12.7%-2.1%
Q2 2021-5.9%-5.9%-36.4%
Q1 2021-1.5%-0.6%-15.6%
Q4 2020-3.3%-8.4%+10.7%
Q3 2020-13.4%-3.6%-12.0%
Q2 2020-11.9%-15.8%-15.8%
Q1 2020-2.5%+3.8%-6.7%
Q4 2019-10.5%+0.6%+0.7%
Q3 2019+0.9%+3.3%+23.3%
Q2 2019+6.4%-0.1%+10.8%
Q1 2019-11.8%-12.8%-37.8%
Q4 2018+1.0%-0.5%-7.0%
Q3 2018-1.5%+7.5%+14.1%
Q2 2018+17.3%+20.3%+21.0%
Q1 2018+5.4%+7.2%+1.1%
Q4 2017-8.4%+0.7%-15.7%
Q3 2017-4.3%-0.7%-10.6%
Q2 2017-20.0%-19.3%+3.8%
Q1 2017+1.5%-4.6%-3.4%
Q4 2016+1.0%+5.9%+22.2%
Q3 2016+17.6%+32.1%+17.6%
Q2 2016+3.0%+6.2%+15.6%
Q1 2016+5.1%
Q4 2015-0.3%
Q3 2015-1.5%
Q2 2015+0.4%
Q1 2015+3.0%
Q4 2014-6.9%
Q3 2014-1.9%
Q2 2014-7.5%
Q1 2014-2.6%
Q3 2013
Q2 2013
Q4 2012
Q3 2012

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