Jun 30, 2020

Ultragenyx Q2 2020 Earnings Report

Ultragenyx reported Q2 2020 financial results with two U.S. FDA approvals.

Key Takeaways

Ultragenyx reported a total revenue of $61.7 million for the second quarter of 2020, including Crysvita revenue in Ultragenyx territories of $32.4 million. The company also had two FDA approvals in the second quarter and maintained its full-year 2020 guidance.

Total revenue for Q2 2020 was $61.7 million.

Crysvita revenue in Ultragenyx territories reached $32.4 million.

Two new FDA approvals were obtained for Dojolvi and Crysvita.

Full year 2020 guidance for Crysvita revenue in Ultragenyx territories is maintained between $125.0 million and $140.0 million.

Total Revenue
$61.7M
Previous year: $24.1M
+155.5%
EPS
-$1.12
Previous year: -$1.72
-34.9%
Total Operating Expenses
$125M
Previous year: $137M
-8.7%
Gross Profit
$61.7M
Previous year: $23.4M
+163.9%
Cash and Equivalents
$817M
Previous year: $131M
+522.4%
Free Cash Flow
$83.3M
Previous year: -$94.3M
-188.3%
Total Assets
$1.31B
Previous year: $959M
+37.0%

Ultragenyx

Ultragenyx

Ultragenyx Revenue by Segment

Forward Guidance

The company continues to maintain its guidance range for 2020 Crysvita revenue in the Ultragenyx territories between $125.0 million and $140.0 million, but will continue to monitor the COVID-19 pandemic situation.

Revenue & Expenses

Visualization of income flow from segment revenue to net income