NASDAQ$YMAB

Y-mAbs Therapeutics Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Y-mAbs reported financial results for the second quarter of 2023, marked by continued revenue growth of DANYELZA and international expansion with regulatory approval in Brazil.

Y-mAbs reported DANYELZA net product revenues of $20.8 million for the quarter ended June 30, 2023, representing an increase of 112% over the comparable period of 2022. The company's cash and cash equivalents are expected to support operations into 2026.

  • DANYELZA net product revenues increased by 112% compared to the same quarter last year.
  • International revenues included $3.5 million from a China commercial launch inventory stocking order.
  • DANYELZA has been delivered to 56 centers across the U.S., a sequential increase of 6% since the first quarter of 2023.
  • Net loss for the second quarter ended June 30, 2023, was $6.3 million, compared to a net loss of $41.1 million for the quarter ended June 30, 2022.

Headline financials

Total Revenue

$20.8M

Previous: $10.8M+92.2%
EPS (adj)

-$0.14

Previous: -$0.94+85.1%
Net Income

-$6.3M

Previous: -$41.1M+84.7%
Operating Income

-$7.22M

Previous: -$49.5M+85.4%
Gross Profit

$16.1M

Previous: $9.56M+68.5%
Cash & Equivalents

$87.9M

Previous: $134M-34.3%
Total Assets

$132M

Previous: $165M-19.8%
Stock-Based Comp

$3.62M

Previous: $13.6M-73.5%

Revenue & EPS history

Y-mAbs · Revenue · Quarterly

$20.8M

Q2 2023+92.2%vs Q2 2022
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Management reiterates its full year 2023 financial guidance, as updated on May 8, 2023.

Historical earnings impact

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

Avg. return before/after earnings

Based on 5 quarterly earnings reports

Historical avg

+2.2%

Avg return

Earnings day

-4.2%

Avg return

5 days after

-5.4%

Avg return

30 days after

36%

10 / 28 earnings

Positive

+54.6%

Q4 2022

Best reaction

-21.1%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025
Q2 2025+0.0%+0.0%+0.8%
Q1 2025-11.4%+0.2%+14.0%
Q4 2024-4.4%-0.4%-9.9%
Q3 2024-4.4%-15.2%-32.3%
Q2 2024-3.5%+9.4%+18.4%
Q1 2024-21.1%-25.4%-28.7%
Q4 2023+14.5%+2.0%-0.2%
Q3 2023+6.1%
Q2 2023-5.0%
Q1 2023+33.6%
Q4 2022+54.6%
Q3 2022+15.4%
Q2 2022-5.6%
Q1 2022+13.2%
Q4 2021+12.9%
Q3 2021-19.7%
Q2 2021-17.8%
Q1 2021+20.8%
Q4 2020-3.6%
Q3 2020-3.0%
Q2 2020-1.6%
Q1 2020+14.4%
Q4 2019-8.7%
Q3 2019-1.6%
Q2 2019+2.4%
Q1 2019-9.9%
Q4 2018-4.4%
Q3 2018-1.1%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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