NASDAQ$AVDL

Avadel Pharmaceuticals plc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Announced financial results for the first quarter ended March 31, 2022 and provided a corporate update.

Avadel Pharmaceuticals reported a net loss of $26.4 million, or ($0.45) per diluted share, for the quarter ended March 31, 2022. The company's cash, cash equivalents, and marketable securities were $123.5 million as of March 31, 2022. The company continues to work with the FDA to complete the review of its NDA for FT218.

  • NDA for FT218 continues in late-stage review.
  • Belief in the full approvability of FT218 based on interactions with the FDA to date.
  • Presented important interim results from the ongoing open-label RESTORE study of FT218.
  • Cash, cash equivalents and marketable securities were $123.5 million as of March 31, 2022.

Headline financials

EPS (adj)

-$0.45

Previous: -$0.23-95.7%
R&D Expenses

$7M

No prior period
SG&A Expenses

$21.6M

No prior period
Free Cash Flow

-$34M

Previous: -$23.4M-45.2%
Net Income

-$26.4M

Previous: -$13.4M-96.4%
Operating Income

-$28.6M

Previous: -$14.8M-93.3%
Cash & Equivalents

$124M

Previous: $59.2M+108.7%
Total Assets

$221M

Previous: $293M-24.5%
Stock-Based Comp

$2.51M

Previous: $1.73M+45.0%

Revenue & EPS history

Avadel · Revenue · Quarterly

$77.5M

Q3 2025+54.9%vs Q3 2024
Beat estimate in 4 of 10 quarters(40%)
ActualEstimate

Revenue by segment

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

  • LUMRYZ Net Product Revenue
    $7M

Forward guidance

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

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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