NASDAQ$COLL

Collegium Pharmaceutical Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Collegium reported third quarter results with net income of $8.0 million and adjusted EBITDA of $37.3 million. Board authorized $25 million accelerated share repurchase program.

Collegium Pharmaceutical reported its Q3 2021 financial results, featuring a net income of $8.0 million and an adjusted EBITDA of $37.3 million. The company's Board of Directors authorized a $25 million accelerated share repurchase program.

  • Collegium is on track to achieve record full year revenue, net income, and adjusted EBITDA.
  • Xtampza ER achieved 32.5% share of the ER oxycodone market, up 7.4 percentage points from year-end 2020.
  • Nucynta franchise net revenue grew to over $150 million year-to-date.
  • Company has sequentially reduced operating expenses, delivering on its commitment to leverage its cost structure.

Headline financials

Total Revenue

$78.8M

Previous: $79.2M-0.4%
EPS (adj)

$0.22

Previous: $0.32-31.3%
Adjusted EBITDA

$37.3M

Previous: $41.8M-10.8%
Capital Expenditures

-$1.43M

Previous: -$4.07M+64.8%
Free Cash Flow

$6.62M

Previous: $7.22M-8.4%
Net Income

$8.05M

Previous: $11.3M-28.7%
Operating Income

$14.1M

Previous: $19.6M-27.9%
Gross Profit

$46.1M

Previous: $48.2M-4.3%
Cash & Equivalents

$193M

Previous: $165M+16.8%
Total Assets

$742M

Previous: $644M+15.2%
Stock-Based Comp

$5.95M

Previous: $5.17M+15.2%

Revenue & EPS history

Collegium · Revenue · Quarterly

$78.8M

Q3 2021-0.4%vs Q3 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Collegium · $78.8M total across 2 segments · Q3 2021

  • Nucynta Franchise
    $48.8M+3.6%
  • Xtampza ER
    $30M-6.5%

Forward guidance

The company updated its full-year 2021 financial guidance.

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 Q3 2021

Historical avgQ3 2021

+2.6%

Avg return

Earnings day

+4.9%

Avg return

5 days after

+2.2%

Avg return

30 days after

61%

28 / 46 earnings

Positive

+31.2%

Q3 2019

Best reaction

-17.6%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.7%-2.2%-8.9%
Q4 2025-3.5%-12.6%-29.1%
Q3 2025+4.4%+16.5%+17.8%
Q1 2025+5.9%+6.6%+10.7%
Q4 2024+2.2%+0.2%+4.5%
Q3 2024-6.8%-9.0%-13.1%
Q2 2024+2.5%+5.9%+7.3%
Q1 2024-17.2%-12.5%-12.8%
Q4 2023+14.5%+15.8%+25.1%
Q3 2023+4.6%+10.8%+23.0%
Q2 2023+6.8%+9.5%+7.9%
Q1 2023+3.6%+6.4%-2.2%
Q4 2022+1.7%+0.5%-10.0%
Q3 2022+6.9%+11.9%+30.6%
Q2 2022+11.4%+7.2%-1.0%
Q1 2022+1.7%+10.0%+15.9%
Q4 2021-14.0%-17.7%-14.1%
Q3 2021-5.3%+1.0%-12.5%
Q2 2021-17.6%-23.7%-19.2%
Q1 2021+3.6%-0.3%-1.8%
Q4 2020-9.6%-14.1%-8.8%
Q3 2020+2.2%+4.3%+1.9%
Q2 2020+6.6%+13.4%+16.4%
Q1 2020+9.4%+16.2%+0.3%
Q4 2019+5.2%-1.5%-27.4%
Q3 2019+31.2%+38.5%+53.5%
Q2 2019+4.0%+9.6%+0.9%
Q1 2019+5.6%-2.9%-18.0%
Q4 2018+18.5%+22.4%+2.0%
Q3 2018-0.4%+10.8%+23.1%
Q2 2018-5.7%-2.0%-15.7%
Q1 2018+11.6%+8.6%+9.7%
Q4 2017+17.9%+6.3%-11.9%
Q3 2017+25.8%+44.7%+75.2%
Q2 2017-4.2%-0.1%-2.4%
Q1 2017+12.5%+11.5%+28.0%
Q4 2016+7.9%+7.4%-34.6%
Q3 2016+7.9%+1.8%-0.1%
Q2 2016-13.1%-9.7%-23.8%
Q1 2016-3.0%
Q4 2015-5.6%
Q3 2015-10.4%
Q2 2015-4.3%
Q1 2015-0.8%
Q1 2014-0.8%
Q4 2014-0.8%
Q3 2014
Q2 2014

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