NASDAQ$CAPR

Capricor Therapeutics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Capricor Therapeutics reported financial results for the second quarter ended June 30, 2022 and provided a corporate update.

Capricor Therapeutics reported a net loss of $7.1 million, or $0.29 per share, for the second quarter of 2022. As of June 30, 2022, the Company’s cash, cash equivalents and marketable securities totaled approximately $51.4 million.

  • First patient treated in HOPE-3, the pivotal Phase 3 clinical trial of CAP-1002 in Duchenne Muscular Dystrophy.
  • Positive One-Year Safety and Efficacy Results From HOPE-2 Open Label Extension Study of CAP-1002 in Non-Ambulant Duchenne Muscular Dystrophy Patients Presented at PPMD’s 2022 Annual Conference.
  • Requesting Meeting with FDA to Discuss Next Steps in Development of CAP-1002 for Duchenne Muscular Dystrophy.
  • Pipeline Expansion Underway Using Engineered Exosomes

Headline financials

Total Revenue

$204K

Previous: $204K+0.0%
EPS (adj)

-$0.29

Previous: -$0.22-31.8%
Capital Expenditures

-$749K

Previous: -$359K-108.3%
Free Cash Flow

-$7.86M

Previous: -$5.11M-53.8%
Net Income

-$7.11M

Previous: -$4.75M-49.7%
Operating Income

-$7.32M

Previous: -$5.08M-44.0%
Gross Profit

$204K

Previous: $204K+0.0%
Cash & Equivalents

$16.4M

Previous: $38.1M-56.9%
Total Assets

$58.1M

Previous: $39.9M+45.4%
Stock-Based Comp

$1.16M

Previous: $712K+62.6%

Revenue & EPS history

Capricor · Revenue · Quarterly

$204K

Q2 2022+0%vs Q2 2021
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Forward guidance

Capricor believes that its available cash and cash equivalents will be sufficient to cover anticipated expenses and capital requirements into the second quarter of 2024.

Tailwinds

  • Requesting meeting with FDA to discuss next steps in our CAP-1002 DMD program
  • Publication of additional preclinical work related to our engineered exosomes platform
  • Full enrollment of HOPE-3 expected by the third quarter of 2023

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.8%

Avg return

Earnings day

-1.3%

Avg return

5 days after

+7.0%

Avg return

30 days after

39%

19 / 49 earnings

Positive

+25.4%

Q2 2023

Best reaction

-20.4%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.5%-10.9%-17.8%
Q4 2025+1.0%-7.5%-6.6%
Q3 2025+10.8%+0.7%+388.8%
Q1 2025+10.0%+15.0%+31.1%
Q4 2024+17.5%+10.3%-7.9%
Q3 2024+2.2%+1.5%-26.7%
Q2 2024-0.8%+0.3%+4.3%
Q1 2024-1.9%+17.0%-4.5%
Q4 2023+5.5%+14.5%+56.8%
Q3 2023+13.0%+7.0%+49.3%
Q2 2023+25.4%+32.2%+32.6%
Q1 2023-1.2%+3.9%+15.2%
Q4 2022-1.7%-3.4%-5.6%
Q3 2022-3.4%-13.2%-19.1%
Q2 2022+14.5%+6.1%+28.0%
Q1 2022-5.4%-1.9%+28.2%
Q4 2021-8.1%-9.0%-22.9%
Q3 2021-4.6%-6.0%-13.0%
Q2 2021-8.4%-10.0%+11.1%
Q1 2021+6.8%+13.6%+31.3%
Q4 2020-4.8%-11.4%-19.3%
Q3 2020-7.2%-9.0%-10.4%
Q2 2020-20.4%-18.0%-42.3%
Q1 2020-10.1%-18.9%-33.3%
Q4 2019+0.9%-0.9%+34.2%
Q3 2019-14.1%-25.0%-48.0%
Q2 2019-9.3%-23.6%-34.2%
Q1 2019-2.4%-23.8%-10.7%
Q4 2018-16.1%+14.3%-10.7%
Q3 2018-4.3%-1.1%-40.9%
Q2 2018-8.3%-15.0%-5.0%
Q1 2018-2.2%-3.0%-6.0%
Q4 2017+2.8%-0.6%-11.7%
Q3 2017+10.5%+37.5%-11.5%
Q2 2017-7.1%-6.2%-8.8%
Q1 2017-13.8%-21.6%-33.6%
Q4 2016+8.0%+3.3%+5.0%
Q3 2016-2.5%+7.5%-4.3%
Q2 2016+4.0%+4.0%+10.8%
Q1 2016+2.1%
Q4 2015+4.0%
Q1 2012-4.3%
Q3 2011+0.0%
Q2 2011+4.5%
Q1 2011-13.8%
Q4 2010-3.2%
Q3 2010-13.2%
Q2 2010+18.4%
Q1 2010-3.6%

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