NASDAQ$ANIP

ANI Pharmaceuticals Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

ANI Pharmaceuticals' Q1 2020 results were reported, including the integration of Amerigen Pharmaceuticals, Ltd. portfolio and the appointment of Patrick D. Walsh as interim CEO.

ANI Pharmaceuticals reported net revenues and non-GAAP earnings that met management's expectations, launched five generic products, and integrated the Amerigen Pharmaceuticals, Ltd. portfolio. However, the company experienced a net loss and decreased earnings per share compared to the prior year period and suspended its 2020 financial guidance due to COVID-19 uncertainties.

  • Integrated Amerigen Pharmaceuticals, Ltd. portfolio.
  • Launched five generic products, increasing the total commercialized product line to 60 product families.
  • Appointed Patrick D. Walsh as interim President and CEO.
  • Suspended guidance for 2020 due to COVID-19 uncertainties.

Headline financials

Total Revenue

$49.8M

Previous: $52.9M-5.9%
EPS (adj)

$1.04

Previous: $1.30-20.0%
Capital Expenditures

-$1.54M

Previous: -$1.78M+13.3%
Free Cash Flow

-$8.55M

Previous: -$1.33M-544.8%
Net Income

-$7.01M

Previous: $449K-1661.5%
Operating Income

-$7.84M

Previous: $4.4M-278.1%
Gross Profit

$28M

Previous: $38.2M-26.7%
Cash & Equivalents

$20.4M

Previous: $38.2M-46.6%
Total Assets

$482M

Previous: $434M+11.0%
Stock-Based Comp

$2.42M

Previous: $1.71M+41.8%

Revenue & EPS history

ANI Pharmaceuticals · Revenue · Quarterly

$49.8M

Q1 2020-5.9%vs Q1 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

ANI Pharmaceuticals · $47.8M total across 3 segments · Q1 2020

  • Generic Products
    $37.5M+18.7%
  • Brands
    $9.2M-47.4%
  • Royalties and Other
    $1.1M-15.4%

Forward guidance

Due to inherent uncertainties regarding the duration and impact of the coronavirus (COVID-19) pandemic, ANI is suspending its previously announced 2020 financial guidance.

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 2020

Historical avgQ1 2020

-1.2%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-2.8%

Avg return

30 days after

38%

24 / 64 earnings

Positive

+52.1%

Q3 2021

Best reaction

-24.6%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.4%-3.7%-3.4%
Q4 2025-3.9%-0.8%-5.6%
Q3 2025+0.4%-3.3%-9.4%
Q1 2025-7.5%-15.6%-13.4%
Q4 2024+13.4%+6.3%+10.7%
Q3 2024+5.8%+2.5%-2.4%
Q2 2024-3.6%-2.1%+2.7%
Q1 2024+2.2%-1.6%+1.3%
Q4 2023+11.4%-0.2%+3.0%
Q3 2023-17.9%-18.8%-23.1%
Q2 2023+8.4%+9.2%+10.7%
Q1 2023+13.5%+6.5%+26.2%
Q4 2022-5.3%-6.0%-11.5%
Q3 2022-5.1%-4.7%+3.2%
Q2 2022-1.8%+8.2%+7.3%
Q1 2022-5.9%+1.3%+6.9%
Q4 2021-24.6%-23.6%-9.8%
Q3 2021+52.1%+33.8%+8.2%
Q2 2021-7.9%-8.5%-11.5%
Q1 2021-6.0%-4.1%-1.8%
Q4 2020+4.1%+6.6%+5.3%
Q3 2020-15.9%-3.5%+4.1%
Q2 2020-2.0%+0.7%-6.0%
Q1 2020-7.0%-12.1%-13.0%
Q4 2019-19.1%-8.1%-41.2%
Q3 2019-22.2%-27.3%-24.7%
Q2 2019-10.8%-13.7%-21.0%
Q1 2019+3.1%-1.7%-0.3%
Q4 2018+7.7%+0.1%+8.6%
Q3 2018+7.2%+2.1%-0.2%
Q2 2018-13.0%-13.1%-13.7%
Q1 2018+3.9%+3.9%+9.6%
Q4 2017+11.3%-3.8%+0.6%
Q3 2017+7.7%+4.2%+22.8%
Q2 2017-2.9%-3.8%+6.3%
Q1 2017-2.0%+0.7%-10.3%
Q4 2016-16.3%-18.0%-17.2%
Q3 2016-18.8%-18.0%-2.1%
Q2 2016+10.0%+12.6%-3.6%
Q1 2016+6.4%
Q4 2015+9.1%
Q3 2015-4.4%
Q2 2015-14.0%
Q1 2015-15.4%
Q4 2014+4.0%
Q3 2014+27.1%
Q2 2014+9.7%
Q1 2014-3.3%
Q2 2013-3.0%
Q4 2013+24.9%
Q3 2013+4.2%
Q4 2012+0.0%
Q3 2012-0.8%
Q2 2012-15.5%
Q1 2012-15.4%
Q2 2011+0.0%
Q4 2011+0.0%
Q4 2009+0.0%
Q3 2011-6.0%
Q4 2010-7.2%
Q2 2010-7.2%
Q1 2011+0.9%
Q3 2010-6.3%
Q1 2010-5.6%

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