NASDAQ$AUPH

Aurinia Pharmaceuticals Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported second quarter financial results with significant revenue increase and patient start forms.

Aurinia Pharmaceuticals Inc. reported a net revenue of $6.6 million for the second quarter of 2021, a 624% increase from the first quarter of 2021. The company received 415 patient start forms (PSFs) for LUPKYNISTM during the quarter, representing a 60% increase from the first quarter. The company anticipates that annual net revenue for LUPKYNIS will be in the range of $40 to $50 million for 2021.

  • Net revenue for the second quarter 2021 was $6.6 million, a 624% increase from the first quarter 2021.
  • 415 patient start forms (PSFs) were received for LUPKYNISTM during the second quarter, over a 60% increase from the first quarter 2021.
  • Otsuka submitted a voclosporin MAA to the EMA.
  • Cash and cash equivalents, and investments totaled $323.7 million at June 30, 2021.

Headline financials

Total Revenue

$6.62M

Previous: $29K+22727.6%
EPS (adj)

-$0.37

Previous: -$0.26-42.3%
Free Cash Flow

-$47M

No prior period
Net Income

-$47M

Previous: -$26.5M-77.1%
Operating Income

-$47.1M

Previous: -$26.9M-75.5%
Gross Profit

$6.31M

Previous: $29K+21665.5%
Cash & Equivalents

$122M

Previous: $232M-47.7%
Total Assets

$386M

No prior period
Stock-Based Comp

$7.75M

Previous: $4.2M+84.5%

Revenue & EPS history

Aurinia · Revenue · Quarterly

$6.62M

Q2 2021+22,727.6%vs Q2 2020
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Aurinia · $6.62M total across 2 segments · Q2 2021

  • Net Product Sales
    $6.59M
  • License and Royalty Revenue
    $29K

Forward guidance

Aurinia anticipates that annual net revenue for LUPKYNIS will be in the range of $40 to $50 million for 2021.

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 Q2 2021

Historical avgQ2 2021

-1.4%

Avg return

Earnings day

-0.3%

Avg return

5 days after

+4.6%

Avg return

30 days after

41%

18 / 44 earnings

Positive

+25.7%

Q2 2021

Best reaction

-32.3%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.0%-1.6%-2.6%
Q4 2025-3.1%-1.9%-1.1%
Q3 2025-3.4%+8.5%+8.1%
Q1 2025+1.8%+2.4%+1.1%
Q4 2024-5.0%+1.6%+4.3%
Q3 2024+10.6%+11.4%+18.8%
Q2 2024-6.5%-4.4%+15.8%
Q1 2024-1.9%-1.5%+4.2%
Q4 2023-26.6%-29.9%-35.1%
Q3 2023+15.4%+16.3%+27.1%
Q2 2023-3.1%-4.1%-6.6%
Q1 2023-1.1%-4.2%-18.4%
Q4 2022+7.9%+7.9%+31.8%
Q3 2022-32.3%-29.3%-33.0%
Q2 2022-1.5%-4.4%-15.1%
Q1 2022+7.1%+24.9%+35.2%
Q4 2021-26.0%-34.9%-23.7%
Q3 2021-0.3%-2.1%-41.7%
Q2 2021+25.7%+32.9%+52.9%
Q1 2021-17.3%-8.5%+1.7%
Q4 2020+1.4%+0.7%-12.9%
Q3 2020-4.0%-3.1%+7.3%
Q2 2020-1.3%-2.4%-0.8%
Q1 2020-2.3%-3.7%-11.7%
Q4 2019-9.0%-16.9%-22.1%
Q3 2019-2.4%+13.6%+245.4%
Q2 2019-7.5%-7.5%-6.4%
Q1 2019+4.3%+8.9%+3.6%
Q4 2018+8.9%+3.2%+0.6%
Q3 2018+1.3%-6.5%+9.7%
Q2 2018+0.4%-0.9%+0.4%
Q1 2018+7.3%+20.3%+5.7%
Q4 2017+6.5%+0.8%+1.5%
Q3 2017-11.0%-8.5%-15.3%
Q2 2017+1.7%+4.4%+13.3%
Q1 2017-4.6%-6.6%-22.3%
Q4 2016+18.7%-1.5%-11.0%
Q3 2016+1.2%-0.8%+13.3%
Q2 2016+4.9%+17.7%-41.4%
Q1 2016
Q4 2015+0.0%
Q3 2015-4.8%
Q2 2015-4.0%
Q4 2014+4.9%
Q3 2014-7.2%
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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