NASDAQ$TBPH

Theravance Biopharma Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2021.

Theravance Biopharma reported their Q4 and full year 2021 financial results. YUPELRI saw the highest quarter of net sales since its launch. GSK’s TRELEGY sales reached their highest levels since launch driven by growth in the asthma indication. The company expects to become sustainably cash-flow positive beginning the second half of this year.

  • YUPELRI saw the highest quarter of net sales since its launch.
  • GSK’s TRELEGY sales reached their highest levels since launch driven by growth in the asthma indication.
  • Strong performance by YUPELRI in Q4 and into 2022 will enable investment in the inhaled JAK inhibitor respiratory pipeline.
  • The company remains on target to become sustainably cash-flow positive beginning the second half of this year.

Headline financials

Total Revenue

$14.9M

Previous: $18.7M-20.2%
EPS (adj)

-$0.18

Previous: -$0.92+80.4%
Net Income

-$32M

Previous: -$58.4M+45.2%
Operating Income

-$56.2M

Previous: -$76.5M+26.6%
Gross Profit

-$16.3M

Previous: -$46.4M+64.9%
Cash & Equivalents

$90M

Previous: $81.5M+10.4%
Total Assets

$375M

Previous: $469M-20.1%
Stock-Based Comp

$16.9M

Previous: $15.6M+8.8%

Revenue & EPS history

Theravance · Revenue · Quarterly

$14.9M

Q4 2021-20.2%vs Q4 2020
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

Theravance Biopharma will hold a conference call and live webcast accompanied by slides today at 5:00 pm ET / 2:00 pm PT / 10:00 pm GMT.

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 Q4 2021

Historical avgQ4 2021

-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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