NASDAQ$ZVRA

Zevra Therapeutics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported third quarter financial results and corporate updates.

KemPharm reported Q3 2021 revenue of $2.0 million and a net loss of $0.05 per basic share. Total cash and cash equivalents were $131.5 million as of September 30, 2021. The U.S. commercial launch of AZSTARYS® was initiated on July 21, 2021.

  • Richard W. Pascoe appointed as Executive Chairman.
  • Company uplisted to The Nasdaq Global Select Market.
  • U.S. commercial launch of AZSTARYS initiated on July 21, 2021.
  • AZSTARYS data presented at multiple medical conferences during ADHD Awareness Month.

Headline financials

Total Revenue

$1.97M

Previous: $1.93M+2.1%
EPS (adj)

-$0.06

Previous: -$0.68+91.2%
Capital Expenditures

-$85K

Previous: -$7K-1114.3%
Free Cash Flow

-$1.84M

Previous: -$3.02M+38.9%
Net Income

-$1.76M

Previous: -$3.01M+41.5%
Operating Income

-$2.22M

Previous: -$1.21M-83.2%
Gross Profit

$39K

Previous: $40K-2.5%
Cash & Equivalents

$132M

Previous: $5.27M+2396.7%
Total Assets

$137M

Previous: $11.2M+1124.4%
Stock-Based Comp

$620K

Previous: $385K+61.0%

Revenue & EPS history

Zevra · Revenue · Quarterly

$1.97M

Q3 2021+2.1%vs Q3 2020
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Forward guidance

KemPharm is focused on expanding its pipeline and commercialization capabilities, with the advancement of the SDX program and data from the ongoing SDX clinical trial expected before year-end.

Tailwinds

  • Continued commercialization of AZSTARYS.
  • Further development of KemPharm’s pipeline of product candidates.
  • Advancement of SDX program.
  • Data from ongoing SDX clinical trial expected before year-end.
  • Focus on pipeline development opportunities.

Headwinds

  • Uncertainties and risks that could significantly affect current plans.
  • Risks described in detail in KemPharm’s Quarterly Report on Form 10-Q.
  • No obligation to update or alter forward-looking statements.
  • Potential impact of market conditions on commercialization efforts.
  • Dependence on Corium's commercialization of AZSTARYS.

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 Q3 2021

Historical avgQ3 2021

-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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