NASDAQ$ETON

Eton Pharmaceuticals Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Eton reported first quarter results, facing challenges from COVID-19 but maintaining a strong financial position.

Eton Pharmaceuticals reported first quarter results with revenue of $0.1 million, impacted by the COVID-19 pandemic, and a net loss of $9.0 million. The company acquired marketing rights to Alkindi Sprinkle and strengthened its balance sheet with $9.8 million of additional liquidity.

  • Launched Biorphen in December 2019, but commercial launch was negatively impacted by COVID-19.
  • Acquired marketing rights to orphan drug Alkindi Sprinkle.
  • Increased digital promotional activities to offset in-person marketing restrictions.
  • Working on a vial presentation of Biorphen expected to launch in 2021.

Headline financials

Total Revenue

$99K

Previous: $500K-80.2%
EPS (adj)

-$0.50

Previous: -$0.42-19.0%
Capital Expenditures

-$4K

Previous: -$388K+99.0%
Free Cash Flow

-$9.05M

Previous: -$7.8M-16.1%
Net Income

-$9.05M

Previous: -$7.41M-22.1%
Operating Income

-$8.88M

Previous: -$7.55M-17.6%
Gross Profit

-$3K

No prior period
Cash & Equivalents

$12.3M

No prior period
Total Assets

$17.2M

No prior period
Stock-Based Comp

$365K

No prior period

Revenue & EPS history

Eton · Revenue · Quarterly

$99K

Q1 2020-80.2%vs Q1 2019
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Revenue by segment

Eton · $24.3M total across 1 segment · Q1 2026

  • Product Sales and Royalties
    $24.3M

Forward guidance

Eton anticipates multiple additional product launches later in the year and does not anticipate material disruption to its research and development or regulatory timelines due to COVID-19.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.6%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+1.3%

Avg return

30 days after

48%

15 / 31 earnings

Positive

+36.0%

Q2 2023

Best reaction

-14.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+7.5%-4.7%
Q1 2026-3.0%+6.7%+2.4%
Q3 2025-11.4%-8.8%-15.0%
Q2 2025+12.5%+12.2%+15.8%
Q1 2025+0.4%+14.6%-16.2%
Q4 2024-4.0%-7.0%-6.2%
Q3 2024+9.2%+3.2%+25.2%
Q2 2024+6.6%+8.0%+31.5%
Q1 2024-7.8%-2.4%-3.0%
Q4 2023-14.1%-21.0%-23.7%
Q3 2023-13.7%-16.6%-19.1%
Q2 2023+36.0%+79.5%+83.7%
Q1 2023+2.8%+2.6%+10.3%
Q4 2022+2.6%+7.1%-7.4%
Q3 2022+18.5%+20.9%+22.8%
Q2 2022-1.0%-19.4%-22.8%
Q1 2022+1.3%+6.5%-4.9%
Q4 2021+6.1%+8.7%-1.5%
Q3 2021-3.4%-9.2%-20.7%
Q2 2021-5.0%-0.2%+12.7%
Q1 2021+5.2%+7.5%-13.4%
Q4 2020-0.7%-1.1%+5.9%
Q3 2020-1.5%+2.9%+19.9%
Q2 2020-2.2%+4.4%+12.4%
Q1 2020-9.2%-10.3%-1.1%
Q4 2019-8.4%-21.9%-39.8%
Q3 2019+1.9%+2.3%+9.2%
Q2 2019+1.6%-1.8%-14.2%
Q1 2019+3.2%+12.2%+5.9%
Q4 2018-2.3%+2.6%-5.8%
Q3 2018-8.1%-4.8%-3.2%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017

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