NASDAQ$TXMD

TherapeuticsMD Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported financial results for the second quarter ended June 30, 2023.

TherapeuticsMD reported a net loss from continuing operations of $2.4 million for the second quarter of 2023, with license and service revenues of $0.4 million. The company is transitioning to a royalty-based business and focusing on cost reduction.

  • Net loss from continuing operations was $2.4 million, or $(0.24) per share.
  • License and service revenues were $0.4 million.
  • Total operating expenses decreased by approximately 80.4% to $2.9 million.
  • The company is transitioning to a royalty-based business.

Headline financials

Total Revenue

$437K

Previous: $28.6M-98.5%
EPS (adj)

-$0.24

Previous: -$3.44+93.0%
Capital Expenditures

-$21K

Previous: -$20K-5.0%
Free Cash Flow

-$2.44M

Previous: $112M-102.2%
Net Income

-$2.41M

Previous: $112M-102.1%
Operating Income

-$2.47M

Previous: -$18.8M+86.9%
Gross Profit

$437K

Previous: $23.8M-98.2%
Cash & Equivalents

$13.7M

Previous: $26.3M-47.8%
Total Assets

$53.7M

Previous: $146M-63.3%
Stock-Based Comp

$438K

Previous: $2.22M-80.3%

Revenue & EPS history

TherapeuticsMD · Revenue · Quarterly

$437K

Q2 2023-98.5%vs Q2 2022
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

TherapeuticsMD is focused on its transformation into a royalty-based business, phasing out historical business operations, reducing costs, and conserving cash.

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 Q2 2023

Historical avgQ2 2023

+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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