NASDAQ$DCTH

Delcath Systems Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Delcath's financial performance and business highlights were reported for Q3 2021.

Delcath Systems reported product revenue of $522 thousand for the three months ended September 30, 2021, compared to $466 thousand for the prior year period. The company's net loss for the quarter was $7.1 million, compared to a net loss of $5.0 million for the same period in 2020. They closed a $20 million venture debt financing transaction with Avenue Venture Opportunities Fund, L.P. during the quarter.

  • Product revenue increased to $522 thousand compared to $466 thousand in the prior year period.
  • Net loss was $7.1 million, compared to $5.0 million for the same period in 2020.
  • Avenue Venture Opportunities Fund, L.P. provided up to $20 million with an initial $15 million funded at closing.
  • FDA approved an expanded access protocol for the use of HEPZATO in treating liver dominant metastatic ocular melanoma.

Headline financials

Total Revenue

$132K

Previous: $162K-18.5%
EPS (adj)

-$0.94

Previous: -$1.16+19.0%
Capital Expenditures

-$144K

Previous: -$708K+79.7%
Free Cash Flow

-$7.27M

Previous: -$5.7M-27.5%
Net Income

-$7.13M

Previous: -$4.99M-42.8%
Operating Income

-$6.7M

Previous: -$4.98M-34.5%
Gross Profit

$295K

Previous: $278K+6.1%
Cash & Equivalents

$24.9M

Previous: $10.9M+128.1%
Total Assets

$34.4M

Previous: $16.6M+107.8%

Revenue & EPS history

Delcath · Revenue · Quarterly

$132K

Q3 2021-18.5%vs Q3 2020
Beat estimate in 3 of 10 quarters(30%)
ActualEstimate

Forward guidance

Delcath is focused on filing the HEPZATO NDA in mid-2022, preparing for the subsequent US launch, and expanding the development of HEPZATO into additional areas.

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

-2.1%

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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Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
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Q2 2015
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Q4 2014
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Q4 2013
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Q1 2013
Q4 2012
Q3 2012
Q2 2012
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Q4 2011
Q3 2011
Q2 2011
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Q4 2010
Q3 2010
Q2 2010
Q1 2010

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