NASDAQ$ANIP

ANI Pharmaceuticals Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported net revenues of $54.5 million, net income of $0.1 million, and diluted earnings per share of $0.01 for the first quarter of 2021.

ANI Pharmaceuticals reported first quarter 2021 results with net revenues of $54.5 million and net income of $0.1 million. The company is progressing with the Cortrophin Gel sNDA re-filing and the acquisition of Novitium Pharma, while also expanding its branded products portfolio.

  • Net revenues for Q1 2021 were $54.5 million.
  • Net income for Q1 2021 was $0.1 million, with diluted earnings per share of $0.01.
  • Adjusted non-GAAP EBITDA for Q1 2021 was $18.9 million, and adjusted non-GAAP diluted earnings per share was $1.04.
  • The company is on track for Cortrophin® Gel sNDA re-filing in Q2 2021.

Headline financials

Total Revenue

$54.5M

Previous: $49.8M+9.5%
EPS (adj)

$1.04

Previous: $1.04+0.0%
Capital Expenditures

-$698K

Previous: -$1.54M+54.6%
Free Cash Flow

-$612K

Previous: -$8.55M+92.8%
Net Income

$86K

Previous: -$7.01M+101.2%
Operating Income

$3.05M

Previous: -$7.84M+138.8%
Gross Profit

$34.5M

Previous: $28M+23.5%
Cash & Equivalents

$25.1M

Previous: $20.4M+22.8%
Total Assets

$464M

Previous: $482M-3.8%
Stock-Based Comp

$1.87M

Previous: $2.42M-22.9%

Revenue & EPS history

ANI Pharmaceuticals · Revenue · Quarterly

$54.5M

Q1 2021+9.5%vs Q1 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

ANI Pharmaceuticals · $40.5M total across 2 segments · Q1 2021

  • Generic Products
    $33M-12.0%
  • Brands
    $7.5M-18.5%

Forward guidance

The company expects the Novitium transaction and the market opportunity for Cortrophin to be transformational for ANI.

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 2021

Historical avgQ1 2021

-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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