NASDAQ$AVDL

Avadel Pharmaceuticals plc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported first quarter 2020 financial results.

Avadel Pharmaceuticals reported first quarter 2020 financial results, with revenues of $12.2 million compared to $16.4 million in the first quarter of 2019. The company's net loss for the quarter was $0.9 million, or $0.02 per share, compared to a net loss of $13.0 million, or $0.35 per share, for the same period in 2019.

  • Revenues for the first quarter of 2020 were $12.2 million, compared to $16.4 million in the first quarter of 2019.
  • R&D expenses were $5.5 million in the first quarter of 2020, compared to $7.3 million in the first quarter of 2019.
  • SG&A expenses were $7.9 million in the first quarter of 2020, compared to $10.4 million in the first quarter of 2019.
  • Net loss for the first quarter of 2020 was $0.9 million, or $0.02 per share, compared to a net loss of $13.0 million, or $0.35 per share, for the same period in 2019.

Headline financials

Total Revenue

$12.2M

Previous: $16.4M-25.5%
EPS (adj)

-$0.02

Previous: -$0.28+92.9%
Capital Expenditures

$0.00

Previous: -$30K+100.0%
Free Cash Flow

-$11.6M

Previous: -$21.2M+45.2%
Net Income

-$865K

Previous: -$13M+93.4%
Operating Income

-$6.5M

Previous: -$8.17M+20.4%
Gross Profit

$9.79M

Previous: $13.2M-25.7%
Cash & Equivalents

$73.5M

Previous: $9.63M+663.3%
Total Assets

$208M

Previous: $174M+19.6%
Stock-Based Comp

$742K

Previous: $351K+111.4%

Revenue & EPS history

Avadel · Revenue · Quarterly

$12.2M

Q1 2020-25.5%vs Q1 2019
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Revenue by segment

Avadel · $7M total across 1 segment · Q3 2023

  • LUMRYZ Net Product Revenue
    $7M

Forward guidance

Avadel is focused on finalizing the New Drug Application (NDA), compiling additional supporting scientific data to position FT218 in the market and expanding capabilities to prepare for product launch.

Historical earnings impact

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

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

-1.2%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+2.3%

Avg return

30 days after

44%

28 / 64 earnings

Positive

+22.2%

Q4 2020

Best reaction

-26.3%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025+0.4%-1.0%+12.9%
Q2 2025+14.7%+20.7%+42.0%
Q1 2025+9.1%+10.5%+12.1%
Q4 2024-4.6%+0.1%-5.6%
Q3 2024-26.3%-33.1%-34.9%
Q2 2024-3.7%+0.8%-9.9%
Q1 2024-12.9%-7.8%-16.9%
Q4 2023+15.2%+19.2%+18.7%
Q3 2023+6.9%
Q2 2023-0.6%
Q1 2023+5.4%
Q4 2022+3.0%
Q3 2022-0.3%
Q2 2022+13.2%
Q1 2022-5.0%
Q4 2021+4.7%
Q3 2021+7.3%
Q2 2021-3.4%
Q1 2021+1.1%
Q4 2020+22.2%
Q3 2020+11.7%
Q2 2020-7.4%
Q1 2020-2.5%
Q4 2019-24.8%
Q3 2019-2.7%
Q2 2019-11.4%
Q1 2019-3.3%
Q4 2018-15.0%
Q3 2018-25.6%
Q2 2018-11.5%
Q1 2018+4.0%
Q4 2017-11.0%
Q3 2017-1.3%
Q2 2017-5.2%
Q1 2017+1.6%
Q4 2016+6.0%
Q3 2016-2.8%
Q3 2015-2.8%
Q2 2016+1.0%
Q1 2016+1.4%
Q4 2015+1.6%
Q2 2015-10.8%
Q1 2015+6.0%
Q4 2014-0.3%
Q3 2014+0.2%
Q2 2014+1.3%
Q1 2013+3.4%
Q1 2014+3.4%
Q4 2013+2.3%
Q3 2012-1.2%
Q3 2013-1.2%
Q2 2013-5.0%
Q4 2012+1.4%
Q2 2011+6.0%
Q2 2012+6.0%
Q1 2011-1.1%
Q4 2011-4.8%
Q4 2009-4.8%
Q4 2010-4.8%
Q1 2012-4.5%
Q3 2011-5.0%
Q3 2010-0.7%
Q2 2010-6.9%
Q1 2010-4.5%

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