NASDAQ$APLT

Applied Therapeutics Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported financial results for the third quarter ended September 30, 2022.

Applied Therapeutics reported on their progress across all three late-stage programs, focusing on completing Phase 3 trials in Galactosemia, SORD Deficiency, and Diabetic Cardiomyopathy. They anticipate sharing data in 2023, which could lead to new treatment options for patients with limited or no available therapies.

  • Made significant progress across all three late-stage programs.
  • Focused on successful completion of Phase 3 trials in Galactosemia, SORD Deficiency and Diabetic Cardiomyopathy.
  • Anticipate sharing data in 2023.
  • Potential to bring new treatment options to patients with limited to no available therapies.

Headline financials

EPS (adj)

-$0.40

Previous: -$1.09+63.3%
Net Income

-$18.8M

Previous: -$28.4M+33.8%
Operating Income

-$19.4M

Previous: -$28.4M+31.9%
Cash & Equivalents

$40.4M

Previous: $70.2M-42.5%
Total Assets

$56.7M

Previous: $119M-52.2%
Stock-Based Comp

$2.86M

Previous: $2.65M+8.0%

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

The company provided forward-looking statements regarding the timing of topline data, plans to submit for potential regulatory approval, and plans to meet with the EMA to discuss conditional approval.

Tailwinds

  • Timing of topline data is expected around year-end 2023 or early 2024.
  • Plans to submit for potential regulatory approval.
  • Plans to meet with the EMA to discuss conditional approval.

Headwinds

  • Plans to develop, market and commercialize product candidates.
  • The initiation, timing, progress and results of current and future preclinical studies and clinical trials and research and development programs.
  • Ability to take advantage of expedited regulatory pathways for any of 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 and advance product candidates into, and successfully complete, clinical studies.

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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