NASDAQ$VYGR

Voyager Therapeutics Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Voyager Therapeutics reported financial results for the second quarter of 2023, highlighted by collaboration revenue increase and a net loss.

Voyager Therapeutics reported a net loss of $22.2 million for Q2 2023, compared to a net loss of $19.1 million for the same period in 2022. Collaboration revenue increased to $4.9 million from $0.7 million year-over-year, driven by collaborations with Neurocrine Biosciences. The company's cash, cash equivalents, and marketable securities totaled $272.7 million as of June 30, 2023.

  • Launched new vectorized anti-Aβ antibody early research initiative for Alzheimer’s disease.
  • Entered into a licensing agreement with Sangamo for a potential prion disease treatment.
  • Presented data at ASGCT 2023, demonstrating increased brain transduction of IV-administered TRACER™ capsids.
  • Anti-tau antibody program VY-TAU01 remains on track for IND in the first half of 2024.

Headline financials

Total Revenue

$4.85M

Previous: $712K+581.6%
EPS (adj)

-$0.51

Previous: -$0.50-2.0%
Capital Expenditures

-$1.72M

Previous: -$1.28M-34.3%
Free Cash Flow

-$23.9M

Previous: -$20.4M-17.5%
Net Income

-$22.2M

Previous: -$19.1M-16.4%
Operating Income

-$25.4M

Previous: -$19.4M-31.3%
Gross Profit

$690K

Previous: $690K+0.0%
Cash & Equivalents

$273M

Previous: $148M+84.2%
Total Assets

$316M

Previous: $189M+67.3%
Stock-Based Comp

$2.67M

Previous: $2.49M+7.3%

Revenue & EPS history

Voyager Therapeutics · Revenue · Quarterly

$4.85M

Q2 2023+581.6%vs Q2 2022
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Voyager Therapeutics · $4.9M total across 1 segment · Q2 2023

  • Collaboration Revenue
    $4.9M+588.2%

Forward guidance

Voyager expects its cash, cash equivalents, and marketable securities, along with amounts expected to be received as reimbursement for development costs under the Neurocrine collaborations and interest income, to be sufficient to meet Voyager’s planned operating expenses and capital expenditure requirements into 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+0.2%

Avg return

Earnings day

-1.6%

Avg return

5 days after

+2.3%

Avg return

30 days after

45%

19 / 42 earnings

Positive

+60.3%

Q4 2021

Best reaction

-21.7%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.0%-0.5%
Q4 2025+21.7%+8.5%-3.6%
Q3 2025+0.0%-7.7%+3.5%
Q1 2025+0.0%-9.4%+0.3%
Q4 2024+2.3%-2.0%-20.2%
Q3 2024-4.6%-19.5%-10.8%
Q2 2024-11.7%-13.2%-20.5%
Q1 2024-1.5%-1.1%-1.8%
Q4 2023-6.6%+8.2%+4.5%
Q3 2023+1.6%-5.4%+13.4%
Q2 2023-1.7%-1.2%+12.2%
Q1 2023+19.0%+25.6%+53.9%
Q4 2022+2.1%-5.5%+0.4%
Q3 2022+6.5%+14.6%+25.7%
Q2 2022-2.0%-13.6%-6.4%
Q1 2022-18.4%-38.0%-23.9%
Q4 2021+60.3%+42.2%+129.8%
Q3 2021+7.5%+2.4%-21.0%
Q2 2021+10.4%-3.1%+4.7%
Q1 2021+2.1%+5.6%+9.1%
Q4 2020-14.0%-14.0%-26.9%
Q3 2020-21.7%-22.1%-28.1%
Q2 2020+0.1%+0.7%-6.8%
Q1 2020-5.9%+8.0%+4.9%
Q4 2019+6.6%-3.3%-23.3%
Q3 2019-2.6%-5.0%-5.9%
Q2 2019-2.8%+2.3%-21.1%
Q1 2019+1.9%+1.6%-4.3%
Q4 2018+11.5%+19.0%+37.0%
Q3 2018-9.6%-15.6%-21.3%
Q2 2018-15.7%-10.5%-3.6%
Q1 2018-4.3%+8.0%+17.6%
Q4 2017-9.9%-13.2%-22.7%
Q3 2017-17.5%-34.6%-29.5%
Q2 2017+6.6%+4.3%+71.7%
Q1 2017+6.1%+4.0%-0.1%
Q4 2016-1.9%-0.3%-2.5%
Q3 2016+2.9%+17.3%+21.4%
Q2 2016+3.0%+2.8%-18.3%
Q1 2016-6.5%
Q4 2015-7.2%
Q3 2015+9.2%
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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