NASDAQ$VIR

Vir Biotechnology Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Vir reported financial results and provided a corporate update.

Vir Biotechnology reported a net loss of $63.8 million for the fourth quarter of 2019, with total revenues of $1.0 million and research and development expenses of $52.9 million. The company highlighted its progress in expanding its clinical and preclinical pipeline and collaborations for COVID-19 therapies.

  • Identified multiple human monoclonal antibody development candidates that neutralize SARS-CoV-2.
  • Announced collaborations with WuXi Biologics, Biogen, and Alnylam Pharmaceuticals to advance and produce human monoclonal antibodies for potential COVID-19 treatment.
  • VIR-2218, a hepatitis B virus (HBV)-targeting siRNA, completed Phase 1/2 dosing of all patient cohorts.
  • VIR-2482, a monoclonal antibody being developed as universal prophylaxis for influenza A, is in an ongoing Phase 1/2 clinical trial.

Headline financials

Total Revenue

$980K

Previous: $6K+16233.3%
EPS (adj)

-$0.71

Previous: -$0.27-160.7%
R&D expenses

$52.9M

No prior period
Capital Expenditures

$1.55M

No prior period
Free Cash Flow

-$40.4M

No prior period
Net Income

-$63.8M

Previous: -$26.4M-141.7%
Operating Income

-$63.8M

Previous: -$26.8M-137.9%
Gross Profit

-$53.4M

Previous: -$23.8M-124.1%
Cash & Equivalents

$408M

No prior period
Total Assets

$512M

No prior period
Stock-Based Comp

$2.68M

No prior period

Revenue & EPS history

Vir · Revenue · Quarterly

$980K

Q4 2019+16,233.3%vs Q4 2018
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Revenue by segment

Vir · $609K total across 1 segment · Q4 2019

  • Grant revenue
    $609K

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

+2.0%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.3%

Avg return

30 days after

43%

12 / 28 earnings

Positive

+27.7%

Q4 2025

Best reaction

-15.1%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.8%-7.2%-13.7%
Q4 2025+27.7%+22.3%+20.6%
Q3 2025-5.6%-8.9%+8.3%
Q1 2025-3.4%-16.2%-2.9%
Q4 2024-11.8%-10.9%-27.2%
Q3 2024+21.8%+26.8%+4.7%
Q2 2024-9.4%-15.4%-18.7%
Q1 2024+18.9%+13.6%+17.5%
Q4 2023+14.0%+13.1%-0.6%
Q3 2023+12.5%+8.3%+24.4%
Q2 2023-3.0%-4.8%-10.9%
Q1 2023-3.5%-4.5%+7.5%
Q4 2022-14.8%-15.6%-16.7%
Q3 2022+15.0%+20.3%+23.7%
Q2 2022+2.0%-4.9%-25.9%
Q1 2022-3.1%-1.4%+12.5%
Q4 2021+0.1%-13.7%-21.5%
Q3 2021-15.1%-11.7%+20.4%
Q2 2021+3.3%+10.5%+32.0%
Q1 2021-1.0%-8.5%+3.5%
Q4 2020-4.2%-11.7%-21.2%
Q3 2020+8.2%+5.8%+26.0%
Q2 2020-0.6%-0.9%-46.8%
Q2 2019-0.6%-0.9%-46.8%
Q1 2020-1.9%-3.1%+7.2%
Q1 2019-1.9%-3.1%+7.2%
Q4 2019+11.5%+11.4%+6.0%
Q3 2019-3.0%-0.5%-3.7%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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