NASDAQ$TBPH

Theravance Biopharma Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Announced financial and operational results for the fourth quarter of 2023 and full-year ended December 31, 2023.

Theravance Biopharma reported strong performance in 2023, achieving financial objectives in the fourth quarter and exceeding the annual goal for YUPELRI hospital growth. The company looks forward to continuing YUPELRI net sales growth in 2024 and completing enrollment in the CYPRESS study in the second half of the year.

  • Theravance team delivered a strong performance in 2023.
  • Achieved financial objectives in the fourth quarter.
  • Exceeded aggressive annual goal for YUPELRI hospital growth.
  • Completing enrollment in the CYPRESS study in the second half of this year.

Headline financials

Total Revenue

$17.6M

Previous: $14.6M+19.9%
EPS (adj)

-$0.17

Previous: -$0.21+19.0%
YUPELRI U.S. Net Sales

$60.6M

No prior period
TRELEGY Global Net Sales

$735M

No prior period
Net Income

-$8.51M

Previous: -$37M+77.0%
Operating Income

-$6.24M

Previous: -$35.2M+82.3%
Gross Profit

$13.2M

Previous: $13.4M-1.3%
R&D Expense

$8.31M

No prior period
Stock-Based Comp

$5.82M

Previous: $6.95M-16.2%

Revenue & EPS history

Theravance · Revenue · Quarterly

$17.6M

Q4 2023+19.9%vs Q4 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

Theravance Biopharma expects to continue YUPELRI net sales growth in 2024 and complete enrollment in the CYPRESS study in the second half of this 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 2023

Historical avgQ4 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

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