LSE-AIM$MXCT
Maxcyte Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
MaxCyte's second quarter results were reported, showcasing revenue growth and strategic advancements.
MaxCyte reported a 35% increase in total revenue for Q2 2022, driven by a 45% growth in core business revenues and a 61% increase in revenue from cell therapy customers. The company is raising its 2022 core revenue growth guidance to approximately 30% and expects SPL Program-related revenue to be approximately $4 million for the full year.
- Total revenue increased by 35% to $9.6 million in Q2 2022, with core business revenues growing by 45%.
- Revenue from cell therapy customers increased by 61%, while drug discovery revenues grew by 4%.
- 2022 revenue guidance for core business revenue growth raised to approximately 30%.
- Total cash, cash equivalents, and short-term investments amounted to $240.9 million as of June 30, 2022.
Headline financials
Revenue & EPS history
Maxcyte · Revenue · Quarterly
$9.61M
Revenue by segment
Maxcyte · $4 total across 1 segment · Q2 2022
- Program-Related$4-99.2%100.0%
Forward guidance
MaxCyte anticipates core business revenue growth of approximately 30% in 2022 and expects SPL Program-related revenue to be approximately $4 million for the full year.
Tailwinds
- Core business revenue is expected to grow by approximately 30% in 2022.
- SPL Program-related revenue is projected to be approximately $4 million for the full year.
- The ExPERT platform continues to be used to enable a broad range of cell types and approaches.
- Adoption of the ExPERT platform is increasing within the industry.
- Ongoing investments are expected to drive revenue growth and support the widening array of applications for the technology.
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 2022
+291.3%
Avg return
Earnings day
-2.8%
Avg return
5 days after
+220.5%
Avg return
30 days after
42%
10 / 24 earnings
Positive
+7042.3%
Q1 2025
Best reaction
-29.9%
Q2 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +24.1% | +29.0% | — | |
| Q3 2025 | -12.0% | -7.2% | -12.0% | |
| Q2 2025 | -29.9% | -37.7% | -30.9% | |
| Q1 2025 | +7042.3% | -19.7% | -21.5% | |
| Q4 2024 | -8.4% | -6.1% | +5251.6% | |
| Q3 2024 | +0.5% | -7.3% | -6.7% | |
| Q2 2024 | +2.5% | -3.7% | -8.8% | |
| Q1 2024 | +0.5% | +21.2% | +23.5% | |
| Q4 2023 | +0.3% | +8.6% | +4.0% | |
| Q3 2023 | -1.5% | +2.4% | +42.6% | |
| Q2 2023 | -2.7% | -14.3% | -17.4% | |
| Q1 2023 | -0.6% | -19.2% | -2.8% | |
| Q4 2022 | +2.7% | +2.4% | +30.8% | |
| Q3 2022 | -9.4% | +3.0% | -19.9% | |
| Q2 2022 | +3.6% | +4.9% | +16.4% | |
| Q1 2022 | -4.3% | -13.0% | -12.9% | |
| Q1 2021 | -4.3% | -13.0% | -12.9% | |
| Q4 2021 | +3.4% | +6.7% | -23.7% | |
| Q4 2019 | +3.4% | +6.7% | -23.7% | |
| Q3 2020 | -7.7% | +3.8% | -9.7% | |
| Q3 2021 | -7.7% | +3.8% | -9.7% | |
| Q4 2020 | -4.1% | -6.2% | -26.3% | |
| Q2 2021 | -0.3% | -6.5% | -29.4% | |
| Q2 2020 | -0.3% | -6.5% | -29.4% |
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