NASDAQ$TVRD

Tvardi Therapeutics Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Cara Therapeutics reported first quarter 2022 financial results.

Cara Therapeutics reported a net loss of $27.7 million, or $(0.52) per basic and diluted share, for the first quarter of 2022. Total revenue was $4.8 million, and the company's cash, cash equivalents, and marketable securities totaled $209.6 million.

  • KORSUVA injection U.S. commercial launch began in April 2022 and is tracking to expectation.
  • Kapruvia approved by European Commission for the treatment of moderate-to-severe pruritus associated with chronic kidney disease in adult hemodialysis patients, triggering $15M milestone payment to Cara.
  • Top-line data from Phase 2 proof-of-concept trial of Oral KORSUVA in notalgia paresthetica expected in 2Q 2022.
  • Oral KORSUVA Phase 3 pruritus programs in non-dialysis dependent advanced chronic kidney disease and atopic dermatitis underway.

Headline financials

Total Revenue

$4.79M

Previous: $1.94M+147.5%
EPS (adj)

-$0.52

Previous: -$0.47-10.6%
Capital Expenditures

-$43K

No prior period
Free Cash Flow

-$27.8M

Previous: -$23.3M-19.3%
Net Income

-$27.7M

Previous: -$23.3M-19.1%
Operating Income

-$27.9M

Previous: -$23.6M-18.5%
Gross Profit

$39K

Previous: $39K+0.0%
Cash & Equivalents

$210M

Previous: $228M-8.2%
Total Assets

$224M

Previous: $250M-10.5%
Stock-Based Comp

$5.7M

Previous: $4.13M+38.0%

Revenue & EPS history

Tvardi Therapeutics · Revenue · Quarterly

$4.79M

Q1 2022+147.5%vs Q1 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Tvardi Therapeutics · $8.1M total across 1 segment · Q1 2020

  • Collaboration Revenue
    $8.1M

Forward guidance

Cara Therapeutics expects that its current unrestricted cash and cash equivalents and available-for-sale marketable securities, including the $15 million regulatory milestone payment earned in April 2022 upon European Commission approval of Kapruvia, will be sufficient to fund its currently anticipated operating expenses and capital requirements into the first half of 2024.

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 Q1 2022

Historical avgQ1 2022

+1.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+0.6%

Avg return

30 days after

50%

24 / 48 earnings

Positive

+42.3%

Q3 2016

Best reaction

-34.9%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2024+5.0%-2.5%+11.3%
Q3 2024-4.1%-7.1%-19.1%
Q2 2024-3.9%-4.1%-22.2%
Q1 2024+1.0%+4.7%-5.0%
Q4 2023-4.2%+3.3%-4.5%
Q3 2023+4.3%+4.8%+14.3%
Q2 2023-6.1%-1.9%-31.0%
Q1 2023+11.2%-5.2%-16.0%
Q4 2022-34.9%-41.1%-54.2%
Q3 2022+3.6%+20.8%+35.4%
Q2 2022+4.8%+2.1%-2.8%
Q1 2022+14.7%+4.5%+9.8%
Q4 2021+11.2%+3.2%+17.2%
Q3 2021+1.4%-9.2%-28.5%
Q2 2021+1.6%+8.4%+21.6%
Q1 2021+3.7%+5.1%+10.1%
Q4 2020-7.4%-4.6%+1.6%
Q3 2020+7.7%+10.5%+6.4%
Q2 2020+2.8%-3.9%-8.0%
Q1 2020+6.8%+6.1%+16.1%
Q4 2019-5.2%-6.4%-20.6%
Q3 2019-4.8%+3.9%-20.9%
Q2 2019+8.2%+3.6%+6.0%
Q1 2019-5.1%-6.7%-0.4%
Q4 2018+13.7%+7.2%+13.7%
Q3 2018+0.8%+0.6%-12.5%
Q2 2018+6.0%+9.6%+11.3%
Q1 2018-3.4%+1.5%+30.4%
Q4 2017-9.2%-15.0%-10.1%
Q3 2017+1.2%+2.2%+4.9%
Q2 2017+22.9%+8.1%+4.5%
Q1 2017-7.7%-4.6%+10.3%
Q4 2016-12.3%-10.9%+4.1%
Q3 2016+42.3%+58.9%+61.3%
Q2 2016-1.5%-0.7%-12.5%
Q1 2016-4.3%
Q4 2015-3.8%
Q3 2015+11.9%
Q2 2015+4.0%
Q1 2015-1.6%
Q4 2014+10.2%
Q3 2013-2.1%
Q3 2014-2.1%
Q2 2014-1.8%
Q2 2013-1.8%
Q1 2013-1.7%
Q1 2014-1.7%
Q4 2013-2.7%
Q4 2012
Q3 2012

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