NASDAQ$ALDX

Aldeyra Therapeutics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Aldeyra Therapeutics reported financial results for Q3 2021 and provided recent corporate highlights.

Aldeyra Therapeutics reported a net loss of $15.8 million for the quarter ended September 30, 2021, compared to a net loss of $8.9 million for the same period in 2020. The company's cash and cash equivalents were $241.4 million as of September 30, 2021, which is projected to fund operating expenses through 2023.

  • Top-line results from Phase 3 TRANQUILITY and TRANQUILITY-2 trials in dry eye disease are expected in Q4 2021.
  • Phase 2 clinical trial of ADX-2191 in retinitis pigmentosa is on track to initiate in Q4 2021.
  • Phase 2 clinical trial results of ADX-629 in multiple systemic indications are expected in Q4 2021 or Q1 2022.
  • Cash and cash equivalents were $241.4 million as of September 30, 2021, projecting a cash runway through 2023.

Headline financials

EPS (adj)

-$0.27

Previous: -$0.23-17.4%
Free Cash Flow

-$8.43M

No prior period
Net Income

-$15.8M

Previous: -$8.87M-78.0%
Operating Income

-$15.4M

Previous: -$8.39M-84.1%
Cash & Equivalents

$241M

Previous: $71.2M+239.2%
Total Assets

$247M

Previous: $88.3M+179.9%
Stock-Based Comp

$1.42M

No prior period

Revenue & EPS history

Aldeyra · Revenue · Quarterly

$0

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

Forward guidance

Aldeyra expects to report top-line results from Phase 3 TRANQUILITY and TRANQUILITY-2 clinical trials of Reproxalap in Dry Eye Disease in the fourth quarter of 2021, initiate Phase 2 Clinical Trial of ADX-2191 in Retinitis Pigmentosa in the fourth quarter of 2021, and expects Phase 2 Clinical Trial Results of ADX-629 in Multiple Systemic Indications in the Fourth Quarter of 2021 or the First Quarter of 2022. Company projects cash runway through 2023, including potential New Drug Applications; initial commercialization of Reproxalap, if approved; and continued development of compounds for retinal and systemic diseases.

Tailwinds

  • Top-line results from Phase 3 TRANQUILITY and TRANQUILITY-2 clinical trials of Reproxalap in Dry Eye Disease expected in Q4 2021
  • Phase 2 Clinical Trial of ADX-2191 in Retinitis Pigmentosa On Track to Initiate in Q4 2021
  • Phase 2 Clinical Trial Results of ADX-629 in Multiple Systemic Indications Expected in Q4 2021 or Q1 2022
  • Cash and cash equivalents expected to be sufficient to fund operating expenses through the end of 2023
  • Potential New Drug Application submissions are expected

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 Q3 2021

Historical avgQ3 2021

+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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