NASDAQ$ANIP

ANI Pharmaceuticals Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

ANI Pharmaceuticals reported first quarter results with a net loss and a diluted GAAP loss per share.

ANI Pharmaceuticals reported first quarter net revenues of $64.5 million and a net loss of $(20.1) million, with a diluted GAAP loss per share of $(1.27). The company launched Cortrophin Gel and is increasing its full-year net revenue guidance.

  • Launched Cortrophin Gel and provided 2022 Net Revenue guidance of $35 million to $40 million.
  • Increased full-year net revenue guidance to $295 million to $315 million.
  • Launched several new products, including Misoprostol Tablets, Rifabutin Capsules, and Bisoprolol Tablets.
  • Filed six new ANDA applications.

Headline financials

Total Revenue

$64.5M

Previous: $54.5M+18.3%
EPS (adj)

-$0.12

Previous: $1.04-111.5%
Capital Expenditures

-$1.95M

Previous: -$698K-179.2%
Free Cash Flow

-$22.1M

Previous: -$612K-3507.7%
Net Income

-$20.1M

Previous: $86K-23507.0%
Operating Income

-$19.2M

Previous: $3.05M-730.4%
Gross Profit

-$34.3M

Previous: $34.5M-199.2%
Cash & Equivalents

$76.9M

Previous: $25.1M+206.7%
Total Assets

$745M

Previous: $464M+60.6%
Stock-Based Comp

$3.24M

Previous: $1.87M+73.2%

Revenue & EPS history

ANI Pharmaceuticals · Revenue · Quarterly

$64.5M

Q1 2022+18.3%vs Q1 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

ANI Pharmaceuticals · $57.6M total across 2 segments · Q1 2022

  • Generic Products
    $49.1M+48.8%
  • Brands
    $8.5M+13.3%

Forward guidance

ANI is initiating guidance on Cortrophin Gel specific Net Revenue, total Company Net Revenue, total Company adjusted non-GAAP EBITDA, and total Company adjusted non-GAAP Diluted Earnings per Share, and is reiterating its previous guidance on total Company research and development expense and Cortrophin Gel Selling, General and Administrative expense.

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

-1.2%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-2.7%

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%
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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