NASDAQ$ESTA
Establishment Labs Holdings Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Reported record first quarter sales and implemented measures to reduce expenses.
Establishment Labs reported a record first quarter with worldwide sales of $24.5 million, an 18% increase year-over-year. The company has taken measures to reduce expenses by approximately 20% in response to the COVID-19 impact and maintains a strong cash balance of $93.6 million.
- Worldwide sales reached $24.5 million, reflecting 18% growth.
- Breast implant sales grew by 23%, accounting for over 90% of total sales.
- Cash balance stood strong at $93.6 million at the end of March.
- Measures were enacted to reduce operating expenses and preserve cash due to COVID-19.
Headline financials
Revenue & EPS history
Establishment Labs · Revenue · Quarterly
$24.5M
Forward guidance
Due to the varying rates of breast implant procedures resuming across countries, the company has decided to forego providing full-year sales guidance. However, the company is seeing evidence of conditions beginning to improve in certain geographies with many procedures being rescheduled for the second half of the year.
Tailwinds
- Breast implant procedures are being rescheduled for the second half of the year.
- Conditions are beginning to improve in certain geographies.
- Geographic diversity of revenue base.
- Company has successfully weathered challenges in the past.
- Company is well-positioned for continued growth and success.
Headwinds
- Breast implant procedures are resuming at varying rates across countries.
- COVID-19 pandemic has delayed enrollment in the reconstruction cohorts for its Motiva pivotal trial, which could add at least six months to its timeline.
- Difficult to forecast 2020 sales.
- Change in fair value of debt derivatives
- Unrealized foreign exchange losses
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 Q1 2020
+1.5%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.4%
Avg return
30 days after
56%
18 / 32 earnings
Positive
+22.5%
Q3 2025
Best reaction
-26.0%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | -4.3% | +2.9% | |
| Q4 2025 | -1.9% | +5.0% | -20.1% | |
| Q3 2025 | +22.5% | +37.0% | +43.2% | |
| Q1 2025 | +4.9% | +5.1% | +14.2% | |
| Q4 2024 | +17.9% | +28.1% | +12.1% | |
| Q3 2024 | -5.2% | -13.2% | -10.0% | |
| Q2 2024 | +3.4% | +20.6% | +23.5% | |
| Q1 2024 | +5.4% | +4.2% | -10.8% | |
| Q4 2023 | +15.1% | +19.6% | +28.2% | |
| Q3 2023 | -26.0% | -36.1% | -31.7% | |
| Q2 2023 | -8.4% | -12.0% | -12.2% | |
| Q1 2023 | +1.8% | -1.6% | -1.9% | |
| Q4 2022 | +7.2% | +10.3% | +0.3% | |
| Q3 2022 | -7.7% | +11.1% | +27.1% | |
| Q2 2022 | -3.0% | +1.3% | -0.4% | |
| Q1 2022 | -10.5% | -10.1% | +2.3% | |
| Q4 2021 | +3.3% | +1.6% | +11.5% | |
| Q3 2021 | -10.6% | -14.3% | -15.2% | |
| Q2 2021 | +6.0% | -3.7% | -3.1% | |
| Q1 2021 | -0.6% | -1.8% | +8.9% | |
| Q4 2020 | +0.4% | -6.8% | +9.5% | |
| Q3 2020 | +8.9% | -0.4% | +22.6% | |
| Q2 2020 | +6.2% | +7.3% | +9.3% | |
| Q1 2020 | +2.9% | +0.5% | +15.3% | |
| Q4 2019 | +4.5% | -16.4% | +0.4% | |
| Q3 2019 | -0.3% | +0.5% | +7.8% | |
| Q2 2019 | -5.2% | -10.6% | -10.2% | |
| Q1 2019 | +1.5% | -0.3% | -15.9% | |
| Q4 2018 | -1.9% | -4.9% | -15.2% | |
| Q3 2017 | +10.3% | +4.5% | -6.2% | |
| Q3 2018 | +10.3% | +4.5% | -6.2% | |
| Q2 2018 | -2.7% | -2.9% | -3.4% | |
| Q4 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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