NASDAQ$TXMD

TherapeuticsMD Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2020.

TherapeuticsMD reported Q1 2020 financial results, with net product revenue of $12.3 million. The company significantly reduced operating expenses and is aiming for EBITDA breakeven in 2021. The launch of ANNOVERA was paused due to the COVID-19 pandemic.

  • Total net product revenue for Q1 2020 was $12.3 million, exceeding Wall Street consensus.
  • The company is significantly reducing operating expenses, while maintaining the goal of achieving EBITDA breakeven in 2021.
  • Discussions are ongoing with TPG Sixth Street Partners to defer the scheduled start of quarterly revenue covenants due to COVID-19.
  • The first Orange Book listed patent for ANNOVERA® was issued, potentially extending exclusivity to 2039.

Headline financials

Total Revenue

$12.3M

Previous: $3.95M+210.4%
EPS (adj)

-$10.50

Previous: -$8.00-31.3%
Capital Expenditures

-$21.3K

Previous: -$262K+91.9%
Free Cash Flow

-$56.9M

Previous: -$39.8M-43.0%
Net Income

-$56.8M

Previous: -$39.5M-43.9%
Operating Income

-$50.9M

Previous: -$38.1M-33.6%
Gross Profit

$9.54M

Previous: $3.18M+199.5%
Cash & Equivalents

$170M

Previous: $123M+38.4%
Total Assets

$269M

Previous: $182M+47.7%

Revenue & EPS history

TherapeuticsMD · Revenue · Quarterly

$12.3M

Q1 2020+210.4%vs Q1 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

The company expects total operating costs to be significantly reduced for the remainder of the year and net product revenue to improve.

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 2020

Historical avgQ1 2020

+0.4%

Avg return

Earnings day

-1.0%

Avg return

5 days after

+0.9%

Avg return

30 days after

38%

24 / 64 earnings

Positive

+200.0%

Q1 2011

Best reaction

-27.5%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025-3.6%-8.3%+4.2%
Q2 2025-0.9%-2.7%-1.8%
Q1 2025-3.9%-2.6%-23.0%
Q4 2024+6.1%+20.9%+26.1%
Q3 2024-1.3%-7.9%-17.8%
Q2 2024-1.2%-4.0%+2.9%
Q1 2024+2.5%+6.7%-4.8%
Q1 2026-1.9%+6.7%-4.8%
Q4 2023+1.3%-2.6%-18.8%
Q3 2023+17.1%+12.4%+18.3%
Q2 2023-3.0%-5.3%-10.9%
Q1 2023+0.2%-1.6%-13.9%
Q4 2022+0.6%+2.0%+7.6%
Q3 2022-15.0%-27.8%+0.3%
Q2 2022+4.1%+8.5%-7.2%
Q1 2022-12.1%+1.0%+223.1%
Q4 2021-27.5%-17.5%-17.5%
Q3 2021-12.5%-18.1%-37.5%
Q2 2021-4.1%-3.1%-18.4%
Q1 2021-14.8%-18.7%-5.5%
Q4 2020+0.7%-5.5%-4.1%
Q3 2020+10.7%+0.8%-4.9%
Q2 2020-18.5%-24.4%-31.2%
Q1 2020-5.8%-5.8%-15.1%
Q4 2019-14.2%-22.9%-57.9%
Q3 2019+4.1%+5.2%-10.3%
Q2 2019+17.7%+61.5%+44.3%
Q1 2019-12.8%-20.9%-26.8%
Q4 2018-1.1%+4.4%-4.9%
Q3 2018+6.0%+0.4%-3.4%
Q2 2018-14.1%-14.1%+3.6%
Q1 2018+2.2%+4.9%-0.7%
Q4 2017-8.4%-3.8%-10.2%
Q3 2017+27.8%+30.0%+33.0%
Q2 2017-6.6%-4.1%+6.8%
Q1 2017-6.4%-6.8%-12.2%
Q4 2016+3.0%+10.8%+19.4%
Q3 2016+0.0%+10.5%+19.7%
Q2 2016+0.8%+2.1%-9.2%
Q1 2016-5.8%
Q4 2015+2.2%
Q3 2015+2.2%
Q2 2015-9.2%
Q1 2015-11.6%
Q4 2014+0.4%
Q3 2014-15.3%
Q2 2014+10.7%
Q1 2014-9.0%
Q4 2013+2.8%
Q3 2013-10.0%
Q2 2013-5.4%
Q1 2013+0.4%
Q4 2012-1.8%
Q3 2012-8.7%
Q2 2012+1.5%
Q1 2012-2.0%
Q4 2011-3.6%
Q3 2011+0.0%
Q2 2011+0.0%
Q1 2011+200.0%
Q4 2010-25.0%
Q3 2010+0.0%
Q2 2010+0.0%
Q1 2010+0.0%

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