NASDAQ$ZVRA

Zevra Therapeutics Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Zevra reported its financial results for the first quarter of 2023 and provided corporate updates.

Zevra Therapeutics reported a net revenue of $2.9 million for Q1 2023, supported by AZSTARYS® royalties and the arimoclomol early access program in France. The company's cash runway is expected to extend into 2026, with $95.3 million in cash, cash equivalents, and investments as of March 31, 2023.

  • Rebranded Zevra Therapeutics, reinforcing the company's strategic transformation into a commercially focused rare disease company.
  • Continued advancement of arimoclomol toward resubmission of its New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) anticipated as early as Q3 2023.
  • Continued advancement of Phase 2 clinical trial evaluating KP1077 as a treatment for IH, with interim efficacy and safety data expected as early as Q3 2023.
  • Expanded the clinical program for KP1077 by opening an IND for narcolepsy, extending its potential to address multiple rare sleep disorders.

Headline financials

Total Revenue

$2.88M

Previous: $3.97M-27.4%
EPS (adj)

-$0.34

Previous: -$0.05-580.0%
Capital Expenditures

-$29K

Previous: -$16K-81.3%
Free Cash Flow

-$11.8M

Previous: -$1.88M-527.4%
Net Income

-$11.8M

Previous: -$1.86M-531.3%
Operating Income

-$12.9M

Previous: -$1.86M-595.2%
Gross Profit

$2.75M

Previous: $39K+6961.5%
Cash & Equivalents

$40.2M

Previous: $119M-66.3%
Total Assets

$107M

Previous: $126M-15.2%
Stock-Based Comp

$945K

Previous: $918K+2.9%

Revenue & EPS history

Zevra · Revenue · Quarterly

$2.88M

Q1 2023-27.4%vs Q1 2022
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

The Company’s current operating forecast, existing cash, cash equivalents, and investments are expected to be sufficient to continue operations into 2026.

Tailwinds

  • Remaining activities required to resubmit the arimoclomol NDA.
  • Funding of the commercial preparation for potential launch of arimoclomol in the U.S., if approved.
  • Completion of the development program for KP1077 in IH.
  • Preparation and submission of the NDA.
  • Up to the potential PDUFA date.

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 Q1 2023

Historical avgQ1 2023

-0.2%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+3.8%

Avg return

30 days after

45%

20 / 44 earnings

Positive

+35.2%

Q2 2015

Best reaction

-19.4%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.0%+1.6%-0.1%
Q4 2025+21.3%+9.4%+6.5%
Q3 2025-9.8%-6.4%-13.5%
Q1 2025+3.0%+2.7%+8.3%
Q4 2024-2.1%-2.1%+10.5%
Q3 2024-3.5%-3.8%-5.8%
Q2 2024+2.6%+8.2%+11.5%
Q1 2024-2.7%-5.5%-10.1%
Q4 2023-13.3%-13.9%-23.9%
Q3 2023-3.5%-9.0%+12.7%
Q2 2023+3.8%-4.2%-2.7%
Q1 2023+3.1%+27.7%+37.1%
Q4 2022-19.4%-22.8%+4.9%
Q3 2022-18.3%-17.6%-19.7%
Q2 2022-5.4%-14.6%-4.3%
Q1 2022+2.0%+15.9%+9.5%
Q4 2021-4.7%-1.3%-15.3%
Q3 2021-0.1%-2.1%-9.9%
Q2 2021-9.4%-7.2%-7.6%
Q1 2021+3.4%+10.8%+65.9%
Q4 2020+19.5%+14.4%-8.3%
Q3 2020-5.2%+6.2%+83.0%
Q2 2020+8.7%+46.8%+48.9%
Q1 2020-13.5%-21.2%-27.3%
Q4 2019-0.9%-8.5%-30.9%
Q3 2019+11.3%-5.5%-21.6%
Q2 2019-15.8%-18.3%-25.8%
Q1 2019+4.9%+9.0%+17.2%
Q4 2018-14.6%-16.2%-32.4%
Q3 2018-1.9%-6.9%+8.4%
Q2 2018+5.5%+0.0%+13.7%
Q1 2018+16.8%+23.8%+35.6%
Q4 2017-9.9%-13.2%-29.1%
Q3 2017+1.4%+0.0%+1.4%
Q2 2017+8.5%-8.5%+9.3%
Q1 2017+0.0%+3.8%+2.5%
Q4 2016+9.7%+18.1%+31.9%
Q3 2016+3.8%+3.8%-3.8%
Q2 2016+0.0%+7.7%+22.0%
Q1 2016-15.7%
Q4 2015+0.7%
Q3 2015-8.8%
Q2 2015+35.2%
Q1 2015-2.7%
Q4 2014
Q3 2014
Q2 2014
Q1 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro