NASDAQ$ALT

Altimmune Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Altimmune reported financial results for Q1 2022 and provided a corporate update.

Altimmune's Q1 2022 revenue was minimal, research and development expenses increased to $15.1 million, and net loss was $19.4 million, or $0.44 per share. The company's cash, cash equivalents, and restricted cash totaled $180.0 million as of March 31, 2022.

  • Pemvidutide's Phase 2 MOMENTUM trial enrollment is ongoing, with an interim analysis planned for Q4 2022.
  • Enrollment completed in Pemvidutide's Phase 1b NAFLD trial, with data readout expected in Q3 2022.
  • HepTcell's Phase 2 clinical trial in chronic hepatitis B is ongoing, with data readout expected in H1 2023.
  • Presentations summarizing Phase 1 trial data of pemvidutide at international Scientific Meetings are upcoming.

Headline financials

Total Revenue

$32K

Previous: $838K-96.2%
EPS (adj)

-$0.44

Previous: -$0.38-15.8%
R&D Expenses

$15.1M

No prior period
G&A Expenses

$4.43M

No prior period
Capital Expenditures

-$9K

Previous: -$4.21M+99.8%
Free Cash Flow

-$19.4M

Previous: -$19.1M-1.9%
Net Income

-$19.4M

Previous: -$14.9M-30.7%
Operating Income

-$19.5M

Previous: -$14.9M-31.2%
Gross Profit

-$87K

Previous: -$10.2M+99.1%
Cash & Equivalents

$180M

Previous: $150M+20.0%
Total Assets

$206M

Previous: $264M-22.2%
Stock-Based Comp

$2.03M

Previous: $1.22M+66.9%

Revenue & EPS history

Altimmune · Revenue · Quarterly

$32K

Q1 2022-96.2%vs Q1 2021
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Forward guidance

2022 operating expense guidance will be provided on the conference call.

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 2022

Historical avgQ1 2022

+2.4%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+5.6%

Avg return

30 days after

60%

21 / 35 earnings

Positive

+35.0%

Q2 2022

Best reaction

-25.1%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-8.8%-15.3%
Q4 2025-17.6%-9.6%-21.8%
Q3 2025+5.1%+14.1%+39.7%
Q1 2025-4.2%-7.2%+19.0%
Q4 2024+8.1%+0.3%-10.4%
Q3 2024+29.5%+3.5%+16.9%
Q2 2024+12.2%+14.7%+12.7%
Q1 2024+0.8%+9.2%-9.8%
Q4 2023+17.7%+18.3%-16.1%
Q3 2023+1.1%-6.4%+146.4%
Q2 2023+2.0%-4.7%-16.9%
Q1 2023+2.2%-6.6%-19.7%
Q4 2022+1.9%-2.0%-64.3%
Q3 2022+10.3%+12.7%+4.2%
Q2 2022+35.0%+37.3%+55.4%
Q1 2022+31.0%+34.3%+117.0%
Q4 2021+2.2%+12.1%-18.7%
Q3 2021-0.5%+1.3%-12.3%
Q2 2021+6.6%+14.9%+56.8%
Q1 2021+5.2%+4.7%+23.0%
Q4 2020-18.6%-19.5%-29.3%
Q3 2020-25.1%-18.6%-1.1%
Q2 2020-13.5%-5.5%-54.3%
Q1 2020+21.4%+21.6%+103.8%
Q4 2019-7.1%-6.5%-2.8%
Q3 2019-8.0%-10.9%-1.7%
Q2 2019-6.5%-6.5%-0.9%
Q1 2019+2.7%-4.7%-3.5%
Q4 2018+3.4%+6.6%-0.7%
Q3 2018-6.8%-9.1%-31.5%
Q2 2018+4.9%+0.3%-21.0%
Q1 2018+10.8%-1.9%+1.7%
Q4 2017-8.3%-5.9%-36.0%
Q3 2017-1.0%-7.1%-25.1%
Q2 2017-10.3%-12.0%+11.6%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2012
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q3 2012
Q2 2012
Q1 2011
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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