NASDAQ$VNDA

Vanda Pharmaceuticals Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Vanda reported a slight increase in total net product sales and advanced its clinical development pipeline.

Vanda Pharmaceuticals reported a 1% increase in total net product sales for Q3 2020 compared to Q3 2019, with $60.3 million in sales. The company's income before taxes was $8.4 million, and net income was $5.9 million. The HETLIOZ® Smith-Magenis Syndrome marketing authorization applications were accepted by the FDA for priority review.

  • Total net product sales were $60.3 million, a 1% increase compared to Q3 2019.
  • HETLIOZ® net product sales increased by 5% to $39.6 million compared to Q3 2019.
  • Fanapt® net product sales decreased by 6% to $20.7 million compared to Q3 2019.
  • Income before taxes was $8.4 million, compared to $12.3 million in Q3 2019.

Headline financials

Total Revenue

$60.3M

Previous: $59.5M+1.4%
EPS (adj)

$0.11

Previous: $0.23-52.2%
Capital Expenditures

-$829K

Previous: -$951K+12.8%
Free Cash Flow

$5.12M

Previous: $99.5M-94.9%
Net Income

$5.95M

Previous: $100M-94.1%
Operating Income

$7.74M

Previous: $10.8M-28.0%
Gross Profit

$54.4M

Previous: $59.5M-8.5%
Cash & Equivalents

$57M

Previous: $39.2M+45.3%
Total Assets

$516M

Previous: $474M+8.7%
Stock-Based Comp

$3.14M

Previous: $3.41M-8.0%

Revenue & EPS history

Vanda · Revenue · Quarterly

$60.3M

Q3 2020+1.4%vs Q3 2019
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Revenue by segment

Vanda · $60.3M total across 2 segments · Q3 2020

  • HETLIOZ
    $39.6M+5.4%
  • Fanapt
    $20.7M-5.5%

Forward guidance

Vanda will continue to assess the impact of the evolving pandemic on its business and operations and will provide future updates to its financial guidance as necessary.

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 Q3 2020

Historical avgQ3 2020

-0.7%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+1.9%

Avg return

30 days after

45%

29 / 65 earnings

Positive

+24.8%

Q2 2019

Best reaction

-23.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-10.5%-13.8%-19.1%
Q4 2025-17.6%-16.6%+18.6%
Q3 2025-0.9%-1.4%+21.4%
Q1 2025-3.9%-9.1%+5.3%
Q4 2024-6.0%-3.2%+6.0%
Q3 2024+4.8%+11.5%+1.0%
Q2 2024-3.4%-9.1%-9.4%
Q1 2024-8.6%-7.8%+11.7%
Q4 2023+9.1%+16.1%+3.8%
Q3 2023-23.7%-23.0%-15.1%
Q2 2023-8.8%-13.4%-14.3%
Q1 2023+7.0%+7.9%-5.6%
Q4 2022-4.6%-4.5%-18.0%
Q3 2022-4.8%-0.2%+2.5%
Q2 2022-1.2%+0.9%-0.5%
Q1 2022-6.2%-0.1%-0.8%
Q4 2021-5.0%-15.2%-14.5%
Q3 2021-11.8%-11.9%-21.2%
Q2 2021-7.4%-12.4%-10.5%
Q1 2021+5.1%+7.2%+8.6%
Q4 2020+20.5%+17.6%+15.5%
Q3 2020+3.8%+3.5%+17.2%
Q2 2020+6.2%+10.2%-5.3%
Q1 2020-4.4%+0.4%-2.5%
Q4 2019-3.7%-6.2%-20.5%
Q3 2019+7.6%+10.2%+29.4%
Q2 2019+24.8%+21.2%+11.4%
Q1 2019-3.1%+1.3%-9.9%
Q4 2018+9.3%+14.7%-0.7%
Q3 2018+16.7%+12.5%+37.2%
Q2 2018+4.1%+2.4%-7.3%
Q1 2018+10.6%+11.0%+25.1%
Q4 2017+6.6%+7.9%+4.7%
Q3 2017-16.8%-16.5%-11.7%
Q2 2017+7.1%+3.5%+11.3%
Q1 2017-0.3%-3.3%-8.0%
Q4 2016-0.7%+2.7%-1.7%
Q3 2016-8.4%-2.3%+4.7%
Q2 2016+2.7%+8.5%+36.9%
Q1 2016+3.9%
Q4 2015-0.6%
Q3 2015-9.5%
Q2 2015+8.3%
Q1 2015+7.2%
Q4 2014-12.7%
Q3 2014+8.3%
Q2 2014-11.3%
Q1 2014-20.2%
Q4 2013+7.2%
Q3 2013-3.3%
Q2 2013+4.0%
Q1 2013+7.6%
Q4 2012+0.8%
Q3 2012-6.2%
Q2 2012+1.0%
Q1 2012-0.4%
Q4 2011+6.5%
Q4 2009+6.5%
Q3 2011-2.2%
Q3 2010-2.2%
Q4 2010-10.9%
Q2 2011-10.9%
Q2 2010-10.9%
Q1 2011+1.7%
Q1 2010+7.5%

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