NASDAQ$ACAD

ACADIA Pharmaceuticals Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Acadia Pharmaceuticals reported an 8% increase in NUPLAZID net sales and reiterated its full-year net sales guidance.

Acadia Pharmaceuticals reported first quarter 2022 financial results, with NUPLAZID net sales increasing by 8% compared to the first quarter of 2021. The company is focused on preparing for the upcoming Advisory Committee meeting for pimavanserin in Alzheimer's disease psychosis and the NDA submission for trofinetide in Rett syndrome.

  • NUPLAZID net sales increased by 8% compared to Q1 2021.
  • FDA Advisory Committee meeting scheduled for June 17, 2022, to review sNDA for pimavanserin in Alzheimer’s disease psychosis (ADP).
  • FDA is targeting an August 4, 2022, action date for the resubmitted sNDA for pimavanserin for the treatment of ADP.
  • Trofinetide for the treatment of Rett syndrome remains on track for an NDA submission around mid-year 2022.

Headline financials

Total Revenue

$115M

Previous: $107M+8.4%
EPS (adj)

-$0.70

Previous: -$0.42-66.7%
Capital Expenditures

$0.00

Previous: -$1.08M+100.0%
Free Cash Flow

-$113M

Previous: -$67.5M-67.4%
Net Income

-$113M

Previous: -$66.4M-70.1%
Operating Income

-$113M

Previous: -$66.8M-69.3%
Gross Profit

$113M

Previous: $104M+7.8%
Cash & Equivalents

$446M

Previous: $578M-22.8%
Total Assets

$624M

Previous: $755M-17.3%
Stock-Based Comp

$15M

Previous: $13.2M+13.5%

Revenue & EPS history

ACADIA · Revenue · Quarterly

$115M

Q1 2022+8.4%vs Q1 2021
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

ACADIA · $115M total across 1 segment · Q1 2022

  • NUPLAZID
    $115M+8.4%

Forward guidance

Acadia is reiterating its previously provided guidance ranges

Tailwinds

  • NUPLAZID net sales guidance of $510 to $560 million.
  • GAAP R&D guidance of $355 to $375 million, which includes approximately $25 million of stock-based compensation expense.
  • GAAP SG&A guidance of $360 to $380 million, which includes approximately $45 million of stock-based compensation expense.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.9%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.6%

Avg return

30 days after

42%

27 / 65 earnings

Positive

+23.7%

Q3 2016

Best reaction

-22.9%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.9%-2.5%-3.6%
Q4 2025-1.4%-9.9%-16.9%
Q3 2025-2.9%+6.2%+22.9%
Q1 2025+14.4%+16.1%+48.4%
Q4 2024+1.8%-3.9%-10.2%
Q3 2024+14.7%+21.8%+15.2%
Q2 2024-17.6%-15.1%-11.9%
Q1 2024-11.8%-12.0%-13.7%
Q4 2023-8.3%-7.3%-28.6%
Q3 2023+5.0%+2.5%-1.4%
Q2 2023-6.0%-7.4%-4.0%
Q1 2023-2.3%-2.1%+12.3%
Q4 2022+9.4%+7.5%+0.3%
Q3 2022-6.6%-8.6%-0.6%
Q2 2022-1.3%-0.2%+2.5%
Q1 2022-4.9%-17.3%-9.6%
Q4 2021-2.2%-6.2%-4.8%
Q3 2021+7.7%+3.1%+8.8%
Q2 2021-11.0%-11.4%-22.4%
Q1 2021+7.3%+7.7%+21.4%
Q4 2020-4.9%-0.4%-48.0%
Q3 2020+4.2%+7.4%+16.4%
Q2 2020+0.3%-5.1%-12.1%
Q1 2020+5.3%+2.5%-5.3%
Q4 2019-3.9%+7.6%-4.5%
Q3 2019+0.4%+0.4%+7.2%
Q2 2019+14.7%+14.4%+10.6%
Q1 2019+6.0%+11.4%-0.2%
Q4 2018+7.5%+12.0%+12.2%
Q3 2018-7.7%-12.9%-12.7%
Q2 2018-2.0%+0.7%-1.1%
Q1 2018+15.6%+15.8%+14.3%
Q4 2017-22.9%-26.8%-30.5%
Q3 2017-9.6%-12.1%-7.6%
Q2 2017+8.6%+2.1%+17.1%
Q1 2017-8.6%-8.7%-17.8%
Q4 2016-8.1%-7.4%-14.4%
Q3 2016+23.7%+32.8%+24.9%
Q2 2016-1.8%-10.3%-15.0%
Q1 2016+0.4%
Q4 2015+2.2%
Q3 2015-13.1%
Q2 2015-17.8%
Q1 2015+3.2%
Q4 2014+1.5%
Q3 2014-0.7%
Q2 2014+3.1%
Q1 2014-8.4%
Q4 2013-4.8%
Q3 2013-7.8%
Q2 2013-5.6%
Q1 2013-4.4%
Q4 2012-6.0%
Q3 2012+11.0%
Q2 2012-0.7%
Q1 2012+0.0%
Q4 2011+0.6%
Q4 2009+0.6%
Q3 2011-5.0%
Q4 2010-2.9%
Q2 2011-2.9%
Q1 2011-4.1%
Q3 2010+1.4%
Q2 2010-7.5%
Q1 2010+11.5%

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