NASDAQ$ALDX

Aldeyra Therapeutics Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Aldeyra reported financial results for Q1 2023 and provided recent corporate highlights.

Aldeyra Therapeutics reported a net loss of $15.6 million, or $0.27 per share, for the first quarter of 2023. The company's cash and cash equivalents totaled $165.0 million as of March 31, 2023.

  • Top-line results are expected from the Phase 2 clinical trial of ADX-2191 in Retinitis Pigmentosa in Q2 2023.
  • Top-line results are expected from the Phase 2 clinical trial of ADX-629 in Chronic Cough in Q2 2023.
  • Top-line results are expected from the Phase 3 INVIGORATE-2 Trial of Reproxalap in Allergic Conjunctivitis in Q2 2023.
  • Cash and cash equivalents totaled $165.0 million as of March 31, 2023.

Headline financials

EPS (adj)

-$0.27

Previous: -$0.29+6.9%
R&D Expenses

$11.2M

No prior period
G&A Expenses

$5.57M

No prior period
Free Cash Flow

-$9.44M

Previous: -$12.9M+26.7%
Net Income

-$15.6M

Previous: -$16.8M+7.0%
Operating Income

-$16.8M

Previous: -$16.5M-1.9%
Cash & Equivalents

$165M

Previous: $93.9M+75.7%
Total Assets

$168M

Previous: $223M-24.5%
Stock-Based Comp

$4.19M

Previous: $1.94M+116.4%

Revenue & EPS history

Aldeyra · Revenue · Quarterly

$0

Q1 2025
Beat estimate in 0 of 4 quarters(0%)
ActualEstimate

Forward guidance

Aldeyra anticipates multiple regulatory and clinical milestones in the coming quarters.

Tailwinds

  • PDUFA dates for ADX-2191 and reproxalap are planned.
  • Top-line results are expected from Phase 2 clinical trials in retinitis pigmentosa.
  • Top-line results are expected from Phase 2 clinical trials in chronic cough.
  • Top-line results are expected from the Phase 3 INVIGORATE-2 trial in allergic conjunctivitis.
  • Existing cash and cash equivalents are expected to fund operating expenses into the second half of 2024.

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 2023

Historical avgQ1 2023

+0.7%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+4.1%

Avg return

30 days after

47%

24 / 51 earnings

Positive

+22.7%

Q4 2026

Best reaction

-14.1%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+22.7%-2.3%-6.4%
Q3 2025-2.5%+10.2%-2.3%
Q1 2025+0.9%-3.6%+72.3%
Q4 2024+4.5%+4.4%-71.5%
Q3 2024+2.2%-11.9%-3.3%
Q2 2024-10.7%-12.7%+46.1%
Q1 2024-1.0%-0.7%-8.1%
Q4 2023-7.9%-23.5%+20.1%
Q3 2023+7.7%+24.9%+36.8%
Q2 2023+0.8%-6.6%-5.0%
Q1 2023+3.8%+0.8%+4.6%
Q4 2022-2.6%+6.6%+34.2%
Q3 2022+12.2%+9.5%+18.5%
Q2 2022+15.4%+24.0%+11.2%
Q1 2022-7.5%-10.2%+4.1%
Q4 2021+18.4%+19.4%+9.1%
Q3 2021+10.4%+6.9%-6.8%
Q2 2021+11.1%+8.4%+4.3%
Q1 2021+4.3%+4.8%+5.6%
Q4 2020+3.6%-3.1%-0.3%
Q3 2020-1.6%-1.6%+5.7%
Q2 2020-4.4%-11.4%-21.6%
Q1 2020-2.7%+14.3%+64.8%
Q4 2019-10.0%-27.6%-15.4%
Q3 2019-1.7%+1.0%-21.6%
Q2 2019-4.2%-0.7%-9.4%
Q1 2019-2.9%-7.0%-14.4%
Q4 2018+2.3%+20.2%+15.1%
Q3 2018-13.1%-11.1%-6.2%
Q2 2018+8.4%+5.6%+10.5%
Q1 2018+2.9%+1.7%+0.0%
Q4 2017-14.1%-14.7%-1.8%
Q3 2017+2.6%+4.3%+19.8%
Q2 2017-7.4%-6.4%-10.6%
Q1 2017+7.6%+12.7%+17.7%
Q4 2016-2.9%+1.0%-15.5%
Q3 2016+2.7%-3.6%-22.5%
Q2 2016+0.3%-2.8%-3.8%
Q1 2016-3.1%
Q4 2015-1.4%
Q3 2015-3.2%
Q2 2015-5.3%
Q1 2015-1.1%
Q4 2014-3.7%
Q3 2013+5.3%
Q3 2014+5.5%
Q2 2013+15.0%
Q2 2014-6.3%
Q1 2014-4.6%
Q1 2013-4.6%
Q4 2013-4.6%
Q4 2012

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