NASDAQ$TRVN

Trevena Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Trevena reported financial results for Q4 2019 and provided an overview of its 2019 and 2020 year-to-date operational highlights.

Trevena reported a net loss attributable to common stockholders of $6.4 million, or $0.07 per share, for the fourth quarter of 2019. The company's cash, cash equivalents, and marketable securities were $35.8 million at December 31, 2019.

  • FDA acknowledged receipt of the resubmitted NDA for IV Oliceridine with a PDUFA goal date set for August 7, 2020.
  • Initiated proof-of-concept studies for acute migraine (TRV250) and opioid use disorder (TRV734).
  • Announced NIH collaboration to evaluate TRV045 for epilepsy.
  • Updated guidance on extended cash runway, funding operations into Q1 2021.

Headline financials

Total Revenue

$31K

Previous: $232K-86.6%
EPS (adj)

-$43.75

Previous: -$62.50+30.0%
Net Income

-$6.4M

Previous: -$7.98M+19.8%
Operating Income

-$6.47M

Previous: -$7.95M+18.6%
Gross Profit

$31K

Previous: $232K-86.6%
Cash & Equivalents

$35.8M

No prior period
R&D Expense

$2.86M

Previous: $2.75M+4.1%

Revenue & EPS history

Trevena · Revenue · Quarterly

$31K

Q4 2019-86.6%vs Q4 2018
Beat estimate in 3 of 5 quarters(60%)
ActualEstimate

Revenue by segment

Trevena · $69K total across 1 segment · Q4 2020

  • Product Revenue
    $69K

Forward guidance

Trevena believes that its cash and cash equivalents and marketable securities as of December 31, 2019, together with interest thereon, to be sufficient to fund the Company’s operating expenses and capital expenditure requirements into the first quarter of 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-2.3%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-10.7%

Avg return

30 days after

44%

20 / 45 earnings

Positive

+15.1%

Q2 2020

Best reaction

-43.9%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2024+9.3%+12.2%-5.1%
Q2 2024-16.0%+6.2%+32.5%
Q1 2024-19.4%-9.3%-16.5%
Q4 2023-19.4%-9.3%-16.5%
Q4 2025+0.0%-9.3%-16.5%
Q3 2023-1.5%-3.2%+1.0%
Q2 2023+3.1%+3.4%-20.9%
Q1 2023+2.9%+14.1%-7.4%
Q4 2022-4.1%+0.4%-11.2%
Q3 2022-43.9%-33.0%-50.0%
Q2 2022+6.3%+5.0%-12.9%
Q4 2021+13.8%+4.1%-32.7%
Q1 2022+13.8%+4.1%-32.7%
Q3 2021-17.1%-21.2%-25.9%
Q2 2021-8.6%-15.0%-10.7%
Q1 2021+2.8%+3.9%-5.0%
Q4 2020-5.9%+5.4%-12.2%
Q3 2020-6.5%-8.8%-8.4%
Q2 2020+15.1%-2.1%-26.9%
Q1 2020+4.0%+21.0%+45.4%
Q4 2019-5.7%-14.4%-41.4%
Q3 2019-20.4%-23.9%-32.1%
Q2 2019+3.3%+0.5%-1.1%
Q1 2019-9.0%-13.5%-32.3%
Q4 2018-0.7%+13.6%+3.4%
Q3 2018+7.2%+10.0%+2.6%
Q2 2018+10.1%+8.8%+21.6%
Q1 2018+8.2%-3.4%-13.0%
Q4 2017+2.0%-5.0%-19.3%
Q3 2017-2.7%+18.7%-4.7%
Q2 2017-2.8%-2.0%-4.0%
Q1 2017-4.1%-6.2%-24.8%
Q4 2016-8.3%-3.5%-17.0%
Q3 2016-8.3%-8.8%+19.1%
Q2 2016+0.1%+2.5%-0.1%
Q1 2016+3.3%
Q4 2015-13.9%
Q3 2015+1.5%
Q2 2015+6.7%
Q1 2015+0.0%
Q4 2014+8.5%
Q3 2014-0.9%
Q2 2014+0.5%
Q1 2014-1.7%
Q4 2013-7.0%
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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