NASDAQ$VYNE

VYNE Therapeutics INC · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported financial results for the third quarter of 2022 and provided a business update.

VYNE Therapeutics reported its third-quarter results, highlighting the progress of its InhiBETTM BET inhibitor platform with the anticipated enrollment of the first patient in the Phase 1a/b trial for VYN201. The company also made progress in the VYN202 program and continued to analyze the Phase 2a data for FMX114.

  • Received IND clearance for pan-BD BET inhibitor, VYN201 and anticipate enrolling the first patient in Phase 1a/b trial for Vitiligo this month.
  • Continued progression of discovery and development of oral, BD2 selective VYN202 program.
  • Expanded analysis of FMX114 Phase 2a trial results suggests FMX114 may have the potential to effectively treat patients with moderate-to-severe atopic dermatitis; VYNE currently evaluating development strategy for FMX114.
  • VYNE anticipates that its cash and cash equivalents and restricted cash as of September 30, 2022 will be sufficient to fund its operations into the fourth quarter of 2023.

Headline financials

Total Revenue

$167K

Previous: $4.09M-95.9%
EPS (adj)

-$2.52

Previous: -$6.48+61.1%
Free Cash Flow

-$9.46M

Previous: -$21.3M+55.6%
Net Income

-$9.46M

Previous: -$21.3M+55.6%
Operating Income

-$9.33M

Previous: -$17.8M+47.5%
Gross Profit

$0.00

Previous: $3.04M-100.0%
Cash & Equivalents

$35.5M

Previous: $52.3M-32.1%
Total Assets

$46.9M

Previous: $81.3M-42.3%
Stock-Based Comp

$1.17M

Previous: $2.41M-51.2%

Revenue & EPS history

VYNE · Revenue · Quarterly

$167K

Q3 2022-95.9%vs Q3 2021
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Revenue by segment

VYNE · $86K total across 1 segment · Q1 2026

  • Royalty revenues
    $86K

Forward guidance

VYNE anticipates that its cash and cash equivalents and restricted cash as of September 30, 2022 will be sufficient to fund its operations into the fourth quarter of 2023.

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 Q3 2022

Historical avgQ3 2022

-1.0%

Avg return

Earnings day

-2.1%

Avg return

5 days after

-13.3%

Avg return

30 days after

52%

17 / 33 earnings

Positive

+23.0%

Q4 2021

Best reaction

-38.4%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%
Q4 2025+1.0%-0.2%-0.5%
Q2 2025+0.6%-4.3%-10.6%
Q1 2025-2.4%-20.0%-28.1%
Q4 2024-2.5%-21.3%-34.7%
Q3 2024+1.0%-4.2%-14.4%
Q2 2024+8.8%+8.2%+7.6%
Q1 2024-1.8%+6.3%-17.3%
Q4 2023-4.7%-3.4%+31.8%
Q3 2023+1.7%+11.4%-23.1%
Q2 2023-11.8%-13.7%-26.7%
Q1 2023+20.9%+17.9%-11.9%
Q4 2022-14.7%-21.2%-11.1%
Q3 2022+9.7%+0.0%-15.4%
Q2 2022+5.3%+12.5%-4.6%
Q1 2022+5.0%+8.2%+27.2%
Q4 2021+23.0%+28.7%-8.0%
Q3 2021-1.5%-5.9%+10.3%
Q2 2021-38.4%-42.9%-45.7%
Q1 2021-19.7%-24.8%-95.3%
Q4 2020-9.7%-6.5%-6.5%
Q3 2020-2.6%+0.6%-1.2%
Q2 2020-12.5%-12.2%-26.8%
Q1 2020-7.2%-13.3%+7.2%
Q4 2019+5.8%+42.6%-9.3%
Q3 2019+4.4%+2.6%-21.3%
Q2 2019-8.7%-16.4%+29.8%
Q1 2019-1.3%-2.3%-4.5%
Q4 2018+0.5%+0.2%-7.3%
Q3 2018+1.7%+0.0%-17.8%
Q2 2018+3.4%-2.7%-5.9%
Q1 2018+9.2%+7.2%-11.9%
Q4 2017+4.8%+2.9%-78.1%
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016

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