NASDAQ$APLT

Applied Therapeutics Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported financial results for the first quarter ended March 31, 2022.

Applied Therapeutics reported financial results for the first quarter ended March 31, 2022, with continued progress in three Phase 3 trials and multiple clinical milestones expected in 2022.

  • Made significant progress in the first quarter across all three of Phase 3 programs.
  • Reached alignment with the FDA on Galactosemia.
  • Excited about the expected milestones in the year ahead.
  • Developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need.

Headline financials

EPS (adj)

-$0.88

Previous: -$1.00+12.0%
Net Income

-$23.1M

Previous: -$24.2M+4.6%
Operating Income

-$23.1M

Previous: -$24.2M+4.5%
Cash & Equivalents

$38.2M

Previous: $148M-74.2%
Total Assets

$65M

Previous: $156M-58.4%
Stock-Based Comp

$2.08M

Previous: $2.98M-30.3%

Revenue & EPS history

Applied Therapeutics · Revenue · Quarterly

$1M

Q3 2025+719.7%vs Q3 2024
Beat estimate in 4 of 9 quarters(44%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements that involve substantial risks and uncertainties.

Tailwinds

  • NDA submission for potential approval of AT-007.
  • Timing of the completion of our the statistical analysis of clinical outcomes.
  • Timing of expected milestones.
  • Likelihood that data from our clinical trials will support future development of our product candidates.
  • Likelihood of obtaining regulatory approval of our product candidates.

Headwinds

  • Plans to develop and commercialize our product candidates.
  • The initiation, timing, progress and results of our current and future preclinical studies and clinical trials and our research and development programs.
  • Ability to take advantage of expedited regulatory pathways for any of our product candidates.
  • Estimates regarding expenses, future revenue, capital requirements and needs for additional financing.
  • Ability to successfully acquire or license additional product candidates on reasonable terms.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports

Historical avg

-2.6%

Avg return

Earnings day

-9.9%

Avg return

5 days after

-14.9%

Avg return

30 days after

52%

14 / 27 earnings

Positive

+24.0%

Q1 2025

Best reaction

-71.6%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-71.6%-68.9%-77.9%
Q2 2025+5.6%+9.1%-5.6%
Q1 2025+24.0%-22.5%-26.9%
Q4 2024+0.1%+4.3%+1.5%
Q3 2024+4.6%+2.7%-86.8%
Q2 2024+5.7%-4.4%-6.4%
Q1 2024-6.8%-1.9%-1.3%
Q4 2023+7.3%+2.6%-6.2%
Q3 2023-12.1%-10.8%+34.6%
Q2 2023-3.2%-14.1%+1.3%
Q1 2023-3.6%-7.3%-10.9%
Q4 2022-5.6%-7.9%+6.3%
Q3 2022-0.2%
Q2 2022+3.0%
Q1 2022-1.7%
Q4 2021-9.1%
Q3 2021+1.6%
Q2 2021+3.6%
Q1 2021-2.2%
Q4 2020+3.3%
Q3 2020+5.9%
Q2 2020+13.8%
Q1 2020+3.3%
Q4 2019-27.7%
Q3 2019-7.5%
Q2 2019+7.0%
Q1 2019-6.7%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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