NASDAQ$TBPH

Theravance Biopharma Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced strategic actions and reported financial results for the fourth quarter and full year 2022.

Theravance Biopharma announced its Q4 and full year 2022 financial results, along with strategic actions to sharpen focus and enhance shareholder value. The company is focused on driving YUPELRI’s growth, advancing the ampreloxetine pipeline, upsizing the capital return program to $325 million, and achieving non-GAAP profitability by the second half of the year.

  • Company is focused on enhancing shareholder value and delivering medicines to patients.
  • Company is positioned to drive YUPELRI’s growth and generate data from the PIFR-2 study in the second half of 2023.
  • Phase 3 study for ampreloxetine has been initiated and orphan drug designation is being pursued.
  • Capital return program is being upsized to $325 million and is expected to be completed by the end of the year.

Headline financials

Total Revenue

$14.6M

Previous: $14.9M-2.0%
EPS (adj)

-$0.21

Previous: -$0.18-16.7%
Net Income

-$37M

Previous: -$32M-15.5%
Operating Income

-$35.2M

Previous: -$56.2M+37.3%
Gross Profit

$13.4M

Previous: -$16.3M+182.3%
Cash & Equivalents

$245M

Previous: $90M+172.5%
Total Assets

$669M

Previous: $375M+78.6%
Stock-Based Comp

$6.95M

Previous: $16.9M-58.9%

Revenue & EPS history

Theravance · Revenue · Quarterly

$14.6M

Q4 2022-2%vs Q4 2021
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

Theravance Biopharma is focused on driving YUPELRI’s growth, advancing the ampreloxetine pipeline, upsizing the capital return program, and achieving non-GAAP profitability by the second half of the year.

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 2022

Historical avgQ4 2022

-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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