NASDAQ$ZVRA

Zevra Therapeutics Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Zevra reported a decrease in revenue for Q4 2024 compared to the previous year, but marked progress in commercial launches and regulatory advancements.

Zevra's Q4 2024 revenue was driven by MIPLYFFA sales, but overall revenue declined compared to Q4 2023 due to the absence of one-time sales milestone payments. The company continues to focus on expanding its pipeline and commercializing rare disease treatments. Operating expenses increased due to commercial launch activities, resulting in a higher net loss.

  • Total net revenue for Q4 2024 was $12.0 million, down from $13.2 million in Q4 2023.
  • MIPLYFFA contributed $10.1 million in net revenue following its commercial launch.
  • Operating expenses rose to $24.5 million due to increased commercialization efforts.
  • Net loss widened to $35.7 million, compared to $19.6 million in Q4 2023.

Headline financials

Total Revenue

$12M

Previous: $13.2M-9.2%
EPS (adj)

-$0.67

Previous: -$0.40-67.5%
Net Income

-$35.7M

Previous: -$19.6M-82.1%
Operating Income

-$24.5M

Previous: -$27.3M+10.3%

Revenue & EPS history

Zevra · Revenue · Quarterly

$12M

Q4 2024-9.2%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Zevra anticipates revenue growth in 2025 driven by MIPLYFFA sales expansion and additional regulatory approvals. However, increased commercialization costs and potential pricing challenges remain risks.

Tailwinds

  • MIPLYFFA launch progressing with 109 prescription enrollments.
  • Planned European regulatory filing for MIPLYFFA in 2025.
  • Strategic focus on commercial execution and market access expansion.
  • PRV sale agreement expected to provide $150 million in proceeds.
  • Strong cash position supporting pipeline development.

Headwinds

  • Declining revenue from AZSTARYS royalties and reimbursements.
  • Increased operating expenses due to commercialization efforts.
  • Higher net loss impacting profitability outlook.
  • Market access and reimbursement uncertainties for new products.
  • Potential delays in regulatory approvals for pipeline candidates.

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 Q4 2024

Historical avgQ4 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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