NASDAQ$DCTH

Delcath Systems Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Delcath reported preliminary financial results for Q1 2023 and provided a business update.

Delcath Systems reported preliminary Q1 2023 revenue of $0.6 million, compared to $0.4 million in Q1 2022. The company had cash, cash equivalents, and restricted cash totaling $24.3 million as of March 31, 2023, compared to $11.8 million as of March 31, 2022. They are awaiting the FDA's decision on Hepzato Kit with a PDUFA date of August 14, 2023.

  • Received FDA acknowledgement of Class 2 NDA resubmission for Hepzato Kit with a PDUFA goal date of August 14, 2023.
  • Completed a private placement of up to $85 million in gross proceeds, including $25 million upfront.
  • Amended loan agreement to defer $4.3 million in principal payments.
  • Appointed John R. Sylvester as Chairman of the Board.

Headline financials

Total Revenue

$597K

Previous: $378K+57.9%
EPS (adj)

-$0.77

Previous: -$1.00+23.0%
Capital Expenditures

$0.00

Previous: $89K-100.0%
Free Cash Flow

-$9M

Previous: -$6.46M-39.2%
Net Income

-$9M

Previous: -$8.2M-9.8%
Operating Income

-$8.33M

Previous: -$7.54M-10.4%
Gross Profit

$416K

Previous: $345K+20.6%
Cash & Equivalents

$24.2M

Previous: $16.3M+48.2%
Total Assets

$30.6M

Previous: $27.3M+12.0%

Revenue & EPS history

Delcath · Revenue · Quarterly

$597K

Q1 2023+57.9%vs Q1 2022
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Delcath · $24.2M total across 2 segments · Q2 2025

  • HEPZATO KIT
    $22.5M—
  • CHEMOSAT
    $1.66M—

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 Q1 2023

Historical avgQ1 2023

-2.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+7.7%

Avg return

30 days after

28%

9 / 32 earnings

Positive

+37.5%

Q2 2019

Best reaction

-26.4%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-0.3%+0.6%-5.3%
Q4 2025-11.7%-15.8%-12.1%
Q3 2025-4.7%-9.2%+5.3%
Q1 2025+23.6%+31.7%+41.1%
Q4 2024-1.6%-12.1%-18.0%
Q3 2024-9.0%-14.0%+8.5%
Q2 2024-2.6%-4.2%+33.7%
Q1 2024+33.1%+40.2%+37.4%
Q4 2023+9.2%+2.4%+12.9%
Q3 2023-23.7%-16.9%+10.0%
Q2 2023-20.6%-23.3%+18.2%
Q1 2023+0.2%+7.8%+14.9%
Q4 2022+22.3%+18.8%+17.6%
Q3 2022-6.7%+0.0%+11.3%
Q2 2022-2.3%+10.2%-5.4%
Q1 2022-11.9%-16.7%-28.1%
Q4 2021+1.3%+2.8%+0.0%
Q3 2021-1.8%-5.0%-28.1%
Q2 2021-11.8%-13.5%+1.1%
Q1 2021-7.0%-0.6%+9.8%
Q4 2020-24.8%-7.2%-31.8%
Q3 2020+0.6%+3.6%+36.7%
Q2 2020-2.6%-4.6%-9.3%
Q1 2020-5.2%-5.2%+0.5%
Q4 2019+0.0%+13.8%+55.7%
Q3 2019-4.3%-4.3%-15.2%
Q2 2019+37.5%+27.5%+26.2%
Q1 2019-11.2%+0.0%+22.5%
Q4 2018-6.5%-8.9%-35.5%
Q3 2018-26.4%-0.3%-5.6%
Q2 2018+0.0%+19.0%+78.8%
Q1 2018+2.4%+0.3%-0.6%
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———
Q4 2011———
Q3 2011———
Q2 2011———
Q1 2011———
Q4 2010———
Q3 2010———
Q2 2010———
Q1 2010———

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