NASDAQ$BVS

Bioventus Inc - A · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported a decrease in net sales and a net loss compared to the prior-year period.

Bioventus reported a decrease in net sales of $125.8 million, down 3.5% year-over-year, and a net loss of $44.9 million, compared to a net loss of $1.9 million in the prior-year period. The decline in sales was primarily due to a decrease in the Pain Treatments vertical, while the Surgical Solutions vertical experienced growth. The company is focused on improving execution and regaining investor confidence in 2023.

  • Net sales decreased by 3.5% year-over-year to $125.8 million.
  • Net loss was $44.9 million, a significant increase from the $1.9 million loss in the prior-year period.
  • Adjusted EBITDA decreased to $15.2 million, compared to $28.5 million in the prior-year period.
  • Loss per share of Class A common stock was $0.52, compared to $0.01 in the prior-year period.

Headline financials

Total Revenue

$126M

Previous: $130M-3.5%
EPS (adj)

-$0.06

Previous: $0.26-123.1%
Capital Expenditures

$3.4M

No prior period
Free Cash Flow

$1.84M

No prior period
Net Income

-$44.9M

Previous: -$1.9M-2261.7%
Operating Income

-$25.4M

Previous: -$3.2M-694.8%
Gross Profit

$74.2M

Previous: $87.8M-15.5%
Cash & Equivalents

$31.8M

Previous: $43.9M-27.6%
Total Assets

$1.37B

Previous: $1.23B+12.0%
Stock-Based Comp

$3.43M

No prior period

Revenue & EPS history

Bioventus · Revenue · Quarterly

$126M

Q4 2022-3.5%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

No specific forward guidance provided in the document.

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

+2.1%

Avg return

Earnings day

+5.6%

Avg return

5 days after

+13.1%

Avg return

30 days after

62%

13 / 21 earnings

Positive

+26.0%

Q1 2024

Best reaction

-39.9%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%-4.6%-15.4%
Q4 2025+7.4%+4.6%+5.9%
Q3 2025+15.1%+13.6%+16.2%
Q1 2025-12.0%-5.0%-7.4%
Q4 2024+23.3%+9.7%-13.6%
Q3 2024-17.7%-13.8%-15.1%
Q2 2024+19.2%+21.2%+54.3%
Q1 2024+26.0%+35.0%+70.0%
Q4 2023-0.4%+2.6%-9.4%
Q3 2023+6.0%-2.1%+42.1%
Q2 2023+20.3%+32.9%-2.6%
Q1 2023+6.5%+58.5%+195.9%
Q4 2022-6.6%+2.5%-16.5%
Q3 2022-39.9%-42.7%-18.9%
Q2 2022+4.8%+3.9%-6.4%
Q1 2022-9.1%+4.5%+12.5%
Q4 2021+0.8%-3.0%-4.0%
Q3 2021-0.5%-4.5%-18.7%
Q2 2021+1.7%+0.3%-0.7%
Q1 2021+1.0%+3.3%+17.0%
Q4 2020-4.8%-0.4%-9.1%
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q1 2016
Q1 2015

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro