NASDAQ$DCTH

Delcath Systems Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported $7.8 million in quarterly revenue.

Delcath Systems reported a significant increase in revenue for the second quarter of 2024, driven by sales of HEPZATO KIT™ and CHEMOSAT. The company is focused on expanding the adoption of HEPZATO KIT and advancing its clinical programs.

  • Recognized second quarter revenue of $6.6 million from HEPZATO KIT and $1.2 million from CHEMOSAT sales.
  • Activated three HEPZATO KIT treating centers in the US during the second quarter, with an additional center in July, totaling eight active centers.
  • Received New Technology Add-on Payment status (NTAP) for HEPZATO from CMS effective August 1, 2024.
  • Submitted the final principal payment due to Avenue Venture Opportunities Fund, L.P. on August 1, 2024.

Headline financials

Total Revenue

$7.77M

Previous: $495K+1468.9%
EPS

-$0.48

Previous: -$0.58+17.2%
Capital Expenditures

-$114K

Previous: -$40K-185.0%
Free Cash Flow

-$13.9M

Previous: -$7.24M-91.3%
Net Income

-$13.7M

Previous: -$7.2M-90.8%
Operating Income

-$3.91M

Previous: -$8M+51.1%
Gross Profit

$6.25M

Previous: $345K+1710.7%
Cash & Equivalents

$14.8M

Previous: $14.5M+1.7%
Total Assets

$33.9M

Previous: $21.1M+61.1%
R&D Expense

$3.39M

No prior period

Revenue & EPS history

Delcath · Revenue · Quarterly

$7.77M

Q2 2024+1,468.9%vs Q2 2023
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

Delcath is optimistic about the continued adoption of HEPZATO KIT and its potential as a key therapeutic approach for metastatic uveal melanoma patients.

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 Q2 2024

Historical avgQ2 2024

-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
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
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Q4 2016
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Q4 2015
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Q4 2012
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Q4 2011
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Q4 2010
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Q2 2010
Q1 2010

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