DBV Technologies Q1 net loss widens to $20.5M; cash drops to $192.3M

DBV Technologies S.A.

2023-Q1 EPS reported -$0.22 revenue$2,194,000

Cash and equivalents $192.3M as of March 31, 2023, down from $209.2M at Dec 31, 2022.
Net loss of $20.5M for Q1 2023 vs $16.7M loss in Q1 2022; loss per share $0.22.
R&D expenses rose 31% to $16.0M, driven by initiation of VITESSE trial in March 2023.
Cash used in operations $20.8M vs $1.5M in Q1 2022; prior year included $20.9M French R&D tax credit receipt.
Total operating expenses $23.3M, up 21% from $19.3M in Q1 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DBV Technologies S.A. reported the fiscal quarter ended March 31, 2023 results: revenue 2.2, net income Net result for the three months ended March 31, 2023 is a loss amounting to $20.5 million, EPS $0.22 for the three months ended March 31, 2023.

Period: the fiscal quarter ended March 31, 2023
Revenue: 2.2
Net income: Net result for the three months ended March 31, 2023 is a loss amounting to $20.5 million
EPS: $0.22 for the three months ended March 31, 2023
Result: reported results

Exact text from the filing

Income In millions of USD Three months ended March 31, 2023 2022 Variation Research tax credits 1.8 1.5 +0.3 +20% Other operating income 0.4 1.0 -0.6 -60% Operating income 2.2 2.5 -0.3 -12% Operating income amounts to $2.2 million as of March 31, 2023, compared to $2.5 million as of March 31, 2022, which is a decrease of $0.3 million due to: (1) $0.3

View on SEC.gov

Browse all earnings releases →

DBV Technologies S.A. filing history →

Source: SEC EDGAR

accession 0001193125-23-136025

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.