NASDAQ$ABEO

Abeona Therapeutics Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Abeona Therapeutics reported first quarter results, strengthened leadership with new appointments, and advanced clinical programs towards key milestones.

Abeona Therapeutics focused on bolstering operational experience, delivering operational excellence, and prioritizing preclinical eye programs. The company appointed a new SVP, Head of Research and Clinical Development, strengthened the Board of Directors, and advanced clinical programs, including EB-101 and ABO-102. Cash, cash equivalents, and short-term investments totaled $86.8 million as of March 31, 2021.

  • Appointed Dr. Vishwas Seshadri as Senior Vice President and Head of Research and Clinical Development.
  • Strengthened Board of Directors with the appointment of four new independent members.
  • EB-101 VITAL trial remains on track for activating a second study site in the Northeast in the second half of 2021.
  • Preparing for the FDA Type B meeting in June to discuss the ABO-102 Transpher A study data and potential BLA path.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$4.25

Previous: -$13.00+67.3%
Capital Expenditures

$444K

No prior period
Free Cash Flow

-$14M

No prior period
Net Income

-$16M

No prior period
Operating Income

-$14.6M

No prior period
Cash & Equivalents

$86.8M

Previous: $116M-25.2%
Total Assets

$141M

No prior period

Revenue & EPS history

Abeona Therapeutics · Revenue · Quarterly

$0

Q1 2021
Beat estimate in 2 of 6 quarters(33%)
ActualEstimate

Forward guidance

Abeona Therapeutics believes it has sufficient cash resources to build on momentum and fund current development and operating plans through achieving key anticipated milestones including multiple potential regulatory submissions.

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 Q1 2021

Historical avgQ1 2021

-0.3%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+6.4%

Avg return

30 days after

44%

27 / 62 earnings

Positive

+18.8%

Q3 2025

Best reaction

-28.9%

Q1 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.7%-5.5%-2.8%
Q4 2025+6.1%-10.1%+8.7%
Q3 2025+18.8%+8.2%+28.5%
Q1 2025-4.2%-2.8%-8.1%
Q4 2024-1.2%-3.8%-6.9%
Q3 2024-3.9%-3.4%-3.4%
Q2 2024+12.7%+13.1%+26.5%
Q1 2024+9.5%+6.0%+8.8%
Q4 2023-12.3%-11.8%-8.1%
Q3 2023+3.9%+2.4%+15.4%
Q2 2023+0.7%+0.3%+34.6%
Q1 2023-7.2%-5.3%+32.8%
Q4 2022+1.8%+1.8%+10.4%
Q3 2022-8.0%-8.0%-32.3%
Q2 2022+6.5%+14.7%-5.8%
Q1 2022+12.5%+0.0%+6.3%
Q4 2021+3.2%+9.7%-32.3%
Q3 2021-5.4%-19.6%-43.5%
Q2 2021-0.8%+3.2%+4.8%
Q1 2021+6.5%+6.5%+9.0%
Q4 2020-1.1%-5.8%-14.7%
Q3 2020+11.7%+24.3%+41.7%
Q2 2020+1.7%-3.8%-29.0%
Q1 2020-7.2%+29.1%+16.3%
Q4 2019+17.2%+22.4%+43.7%
Q3 2019-6.4%-6.8%+60.2%
Q2 2019+0.0%+6.6%+30.7%
Q1 2019-8.2%-3.0%-29.3%
Q4 2018-2.0%-7.2%+1.0%
Q3 2018-22.0%-24.1%-13.6%
Q2 2018-7.1%-11.6%-7.1%
Q1 2018+10.9%+11.4%-13.8%
Q4 2017-9.3%-4.7%+17.3%
Q3 2017+6.6%-2.6%+9.3%
Q2 2017+14.9%+5.4%+89.2%
Q1 2017-1.6%-1.6%-20.8%
Q4 2016+2.0%+3.0%+13.0%
Q3 2016+5.7%+18.0%-15.6%
Q2 2016+4.3%+5.9%+27.1%
Q1 2016+4.1%
Q4 2015-5.0%
Q3 2015+1.8%
Q2 2015-3.9%
Q1 2015-7.2%
Q4 2014-3.2%
Q2 2014-3.2%
Q3 2014-8.5%
Q1 2014+13.6%
Q2 2013-10.3%
Q4 2013-10.3%
Q3 2013-6.3%
Q1 2013+2.2%
Q4 2012-8.3%
Q3 2012-7.4%
Q2 2012+6.5%
Q1 2011-28.9%
Q1 2012+0.0%
Q4 2011+13.9%
Q2 2010-4.4%
Q2 2011-4.4%
Q4 2010-0.9%
Q3 2010-0.3%

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