NASDAQ$ZVRA

Zevra Therapeutics Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Zevra reported financial results, highlighted by FDA approval of MIPLYFFA and its subsequent product launch.

Zevra Therapeutics reported a net revenue of $3.7 million for Q3 2024, driven by reimbursements from the French expanded access program for arimoclomol and royalties from the AZSTARYS® license agreement. The company's cash, cash equivalents, and investments totaled $95.5 million. The FDA approval of MIPLYFFA capsules for NPC treatment was a major milestone.

  • FDA approved MIPLYFFA capsules for the treatment of Niemann-Pick disease type C (NPC).
  • As of Oct. 31, Zevra received 90 prescription enrollment forms for MIPLYFFA, with 30% approved for reimbursement.
  • Zevra launched AmplifyAssist™, a support program for caregivers and those eligible living with NPC or UCDs.
  • Zevra is refining its commercial strategy for OLPRUVA to focus on specific patient segments.

Headline financials

Total Revenue

$3.7M

Previous: $2.9M+27.6%
EPS

-$0.69

Previous: -$0.40-72.5%
Capital Expenditures

$0.00

Previous: -$224K+100.0%
Free Cash Flow

-$33.2M

Previous: -$14.3M-132.8%
Net Income

-$33.2M

Previous: -$14M-136.6%
Operating Income

-$27.3M

Previous: -$15.4M-77.7%
Gross Profit

-$3.8M

Previous: $2.75M-238.1%
Cash & Equivalents

$54M

Previous: $43.3M+24.9%
Total Assets

$192M

Previous: $139M+37.8%

Revenue & EPS history

Zevra · Revenue · Quarterly

$3.7M

Q3 2024+27.6%vs Q3 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Zevra expects its cash runway to extend into 2027, based on its current operating plan, available cash, cash equivalents, and investments, subject to continuing compliance with debt covenants.

Tailwinds

  • Anticipated revenue from MIPLYFFA sales
  • Reimbursements from the French EAP
  • Royalties under the AZSTARYS license agreement
  • Continued investments into our development pipeline programs
  • Potential proceeds from a PRV sale

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 2024

Historical avgQ3 2024

-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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