NASDAQ$TBPH

Theravance Biopharma Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Theravance Biopharma reported bottom line performance driven by YUPELRI growth and expense management.

Theravance Biopharma announced its Q3 2023 financial results, highlighting YUPELRI growth and expense management leading to a non-GAAP loss of less than $1 million. The company is progressing with the Phase 3 CYPRESS study for ampreloxetine.

  • Bottom line performance in Q3 was driven by YUPELRI growth and expense management.
  • Non-GAAP loss of less than $1 million was reported.
  • Phase 3 CYPRESS study for ampreloxetine is ongoing.
  • Áine Miller, Ph.D., will assume the role of SVP, Development at Theravance Biopharma.

Headline financials

Total Revenue

$15.7M

Previous: $12.5M+26.0%
EPS (adj)

-$0.17

Previous: -$0.21+19.0%
Free Cash Flow

-$8.95M

Previous: $917M-101.0%
Net Income

-$8.95M

Previous: $917M-101.0%
Operating Income

-$8.76M

Previous: -$14.2M+38.3%
Gross Profit

$14.4M

Previous: $10.8M+32.6%
Cash & Equivalents

$134M

Previous: $419M-68.0%
Total Assets

$414M

Previous: $763M-45.8%
R&D Expense

$8.31M

No prior period
Stock-Based Comp

$6.26M

Previous: $8.53M-26.6%

Revenue & EPS history

Theravance · Revenue · Quarterly

$15.7M

Q3 2023+26%vs Q3 2022
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

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

  • YUPELRI
    $19.4K

Forward guidance

No specific financial guidance was provided in the current earnings report.

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 Q3 2023

Historical avgQ3 2023

-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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