OTC$EVFM

Evofem Biosciences Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Evofem Biosciences reported improved operating loss by 81% and acquired SOLOSEC in Q2 2024.

Evofem Biosciences announced its Q2 2024 financial results, featuring a net product sales increase to $4.2 million compared to $2.5 million in the prior year period. The company also reported an improved operating loss of $1.4 million compared to $7.3 million in the same period last year. They acquired SOLOSEC and forged a commercial agreement for Phexxi in the Middle East.

  • Net product sales were $4.2 million, up from $2.5 million in the prior year period.
  • Operating loss improved to $1.4 million, compared to $7.3 million in the prior year period.
  • Net income attributable to common stockholders was $1.3 million, or $0.02 per share.
  • Acquired SOLOSEC, a single-dose oral antibiotic, and forged an ex-U.S. commercial agreement for Phexxi in the Middle East.

Headline financials

Total Revenue

$4.16M

Previous: $2.46M+69.2%
EPS

$0.02

Previous: -$4.75+100.4%
Capital Expenditures

-$14K

Previous: -$4K-250.0%
Free Cash Flow

$1.34M

Previous: -$8.56M+115.6%
Net Income

$1.35M

Previous: -$8.56M+115.8%
Operating Income

-$1.39M

Previous: -$7.34M+81.1%
Gross Profit

$3.39M

Previous: $165K+1955.2%
Total Assets

$8.55M

Previous: $14.1M-39.2%
R&D Expense

$263K

No prior period
Stock-Based Comp

$219K

Previous: $268K-18.3%

Revenue & EPS history

Evofem Biosciences · Revenue · Quarterly

$4.16M

Q2 2024+69.2%vs Q2 2023
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Revenue by segment

Evofem Biosciences · $899K total across 1 segment · Q1 2026

  • Product Sales
    $899K

Forward guidance

The press release includes forward-looking statements regarding anticipated financial performance, the relaunch of SOLOSEC, and the closing of the Aditxt transaction. Actual results may differ due to risks and uncertainties detailed in the company's SEC filings.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-4.2%

Avg return

Earnings day

-6.2%

Avg return

5 days after

-6.7%

Avg return

30 days after

29%

13 / 45 earnings

Positive

+32.4%

Q4 2023

Best reaction

-36.7%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-4.5%+19.7%
Q3 2025+11.1%+11.1%+33.3%
Q2 2025+11.1%+11.1%+77.8%
Q1 2025+12.5%+12.5%+25.0%
Q3 2024-16.5%-16.7%-16.7%
Q2 2024+6.4%+11.1%+0.0%
Q1 2024-15.3%-12.5%-41.7%
Q4 2023+32.4%+11.1%-5.6%
Q3 2023+0.0%+0.0%+21.4%
Q2 2023-13.3%-13.0%-51.1%
Q1 2023-9.5%-4.8%-61.9%
Q4 2024+0.0%-13.6%-13.6%
Q3 2022-19.2%-4.1%-34.2%
Q4 2022-19.2%-4.1%-34.2%
Q2 2022+8.4%-28.3%-63.2%
Q1 2022-18.2%-20.7%-51.5%
Q4 2021-17.4%-26.5%-44.3%
Q3 2021-16.3%-31.3%-43.3%
Q2 2021-10.0%-20.6%-2.7%
Q1 2021+16.8%+8.1%-14.5%
Q4 2020-36.7%-36.9%-43.9%
Q3 2020-3.7%-10.6%-11.8%
Q2 2020-5.0%-8.4%+11.9%
Q1 2020-2.0%-0.4%-35.2%
Q4 2019-19.8%-21.3%+1.0%
Q3 2019+0.8%+5.1%+34.9%
Q2 2019-10.7%-6.8%-1.3%
Q1 2019+31.8%+59.6%+49.9%
Q4 2018-20.7%-21.4%-15.7%
Q3 2018-9.8%-12.1%-8.8%
Q2 2018-5.1%-7.8%+87.1%
Q1 2018-11.4%-15.6%-46.9%
Q4 2017-3.5%-3.0%-5.3%
Q3 2017-3.2%+2.4%+13.7%
Q2 2017-17.4%-23.0%-27.2%
Q1 2017+2.2%+8.6%-0.5%
Q4 2016-2.1%-2.1%+31.5%
Q3 2016+0.9%+0.9%-1.7%
Q2 2016-11.9%-11.8%+8.9%
Q1 2016-6.9%
Q4 2015+4.8%
Q3 2015-6.4%
Q2 2015-0.9%
Q1 2015-2.7%
Q4 2014+6.5%
Q3 2014
Q2 2014
Q1 2014
Q4 2013

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