NASDAQ$AUPH

Aurinia Pharmaceuticals Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Aurinia reported a 21% increase in total net revenue for Q4 2022, reaching $28.4 million. The company reiterated its net product revenue guidance of $120 to $140 million for fiscal year 2023.

Aurinia Pharmaceuticals Inc. reported a total net revenue of $28.4 million for the fourth quarter of 2022, representing a 21% increase compared to the same period in 2021. The company's cash, cash equivalents, and investments totaled $389.4 million as of December 31, 2022. The company reiterated its net product revenue guidance of $120 to $140 million for fiscal year 2023.

  • Total net revenue for Q4 2022 was $28.4 million, a 21% increase over Q4 2021.
  • Net product revenue for Q4 2022 was $28.3 million.
  • Aurinia added 406 PSFs during the fourth quarter 2022, a 15% decrease from the fourth quarter 2021 (477).
  • Cash, cash equivalents, and investments totaled $389.4 million as of December 31, 2022.

Headline financials

Total Revenue

$28.4M

Previous: $23.4M+21.5%
EPS (adj)

-$0.18

Previous: -$0.25+28.0%
Net Income

-$26M

Previous: -$33.3M+21.8%
Operating Income

-$28.1M

Previous: -$32.7M+14.1%
Gross Profit

$27.1M

Previous: $22.9M+18.1%
Cash & Equivalents

$94.2M

Previous: $232M-59.4%
Total Assets

$471M

Previous: $543M-13.3%
Stock-Based Comp

$6.9M

Previous: $8.58M-19.5%

Revenue & EPS history

Aurinia · Revenue · Quarterly

$28.4M

Q4 2022+21.5%vs Q4 2021
Beat estimate in 15 of 15 quarters(100%)
ActualEstimate

Revenue by segment

Aurinia · $28.3M total across 1 segment · Q4 2022

  • Net Product Sales
    $28.3M+21.2%

Forward guidance

For fiscal year 2023, the Company is reiterating its previous net product revenue guidance of $120 to $140 million from sales of LUPKYNIS. This range represents a double-digit percentage increase in net product revenue from sales of LUPKYNIS compared to fiscal year 2022.

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 Q4 2022

Historical avgQ4 2022

-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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