NASDAQ$ZVRA

Zevra Therapeutics Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

KemPharm reported financial results for the second quarter ended June 30, 2020.

KemPharm reported revenue of $6.9 million, driven by a $5.0 million milestone payment and $1.9 million from research and development services. Net income for the quarter was $0.9 million, or $0.01 per share, compared to a net loss of $9.3 million for the same period in 2019. Cash and cash equivalents increased by $4.0 million to $6.6 million as of June 30, 2020.

  • FDA accepted the New Drug Application (NDA) for KP415.
  • Received the $5 million milestone payment upon FDA’s acceptance of the KP415 NDA.
  • Corium, Inc. will lead all commercialization activities for KP415.
  • Two U.S. patents governing KP415 and KP484 were issued with an expiration date of December 9, 2037.

Headline financials

Total Revenue

$6.91M

Previous: $25K+27532.0%
EPS (adj)

$0.01

Previous: -$0.33+103.0%
Capital Expenditures

-$7K

Previous: -$17K+58.8%
Free Cash Flow

$852K

Previous: -$9.27M+109.2%
Net Income

$859K

Previous: -$9.26M+109.3%
Operating Income

$2.59M

Previous: -$7.79M+133.3%
Gross Profit

$40K

Previous: $25K+60.0%
Cash & Equivalents

$6.37M

Previous: $7.31M-12.8%
Total Assets

$12.3M

Previous: $13M-5.2%
Stock-Based Comp

$620K

Previous: $1.32M-52.9%

Revenue & EPS history

Zevra · Revenue · Quarterly

$6.91M

Q2 2020+27,532%vs Q2 2019
Beat estimate in 2 of 6 quarters(33%)
ActualEstimate

Forward guidance

Based on the Company’s current operating forecast, the Company believes that its expected revenues and existing resources are sufficient to continue operations past the potential March 2, 2021 PDUFA date for the KP415 NDA and up to the debt maturity date of March 31, 2021.

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 Q2 2020

Historical avgQ2 2020

-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

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