NASDAQ$VYNE

VYNE Therapeutics INC · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

VYNE reported its Q4 2023 and year-end financial results, also providing a business update.

VYNE Therapeutics reported its financial results for the fourth quarter and year ended December 31, 2023. The company had cash, cash equivalents, restricted cash and marketable securities of $93.3 million as of December 31, 2023, which it believes will be sufficient to fund operations through the end of 2025.

  • Entered 2024 with positive momentum, highlighted by clinical proof-of-concept data for VYN201 and a successful financing.
  • On track to initiate a Phase 2b trial in nonsegmental vitiligo next quarter for VYN201.
  • Expect to submit supplemental nonclinical information to the FDA in the coming weeks for VYN202.
  • Assuming FDA clearance, expect to commence Phase 1a SAD/MAD trial next quarter for VYN202.

Headline financials

Total Revenue

$76K

Previous: $6K+1166.7%
EPS (adj)

-$0.18

Previous: -$2.97+93.9%
Net Income

-$28.5M

Previous: -$9.95M-186.6%
Operating Income

-$29.7M

Previous: -$7.98M-272.0%
Gross Profit

$76K

Previous: $6K+1166.7%
R&D Expense

$3.02M

No prior period
Stock-Based Comp

$710K

Previous: $1.07M-33.5%

Revenue & EPS history

VYNE · Revenue · Quarterly

$76K

Q4 2023+1,166.7%vs Q4 2022
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 believes its cash, cash equivalents, restricted cash and marketable securities as of December 31, 2023 will be sufficient to fund its operations through the end of 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 Q4 2023

Historical avgQ4 2023

-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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