NASDAQ$ETON

Eton Pharmaceuticals Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported record revenue and the first profitable quarter.

Eton Pharmaceuticals reported a record revenue of $11.9 million and its first profitable quarter with an operating income of $5.4 million. The company's success is attributed to three revenue-generating products and payments from the sale of neurology oral liquids products.

  • Achieved record revenue of $11.9 million in Q1 2021.
  • Reported operating income of $5.4 million, marking the first profitable quarter.
  • Launched Alaway Preservative Free with a $1.5 million milestone payment plus royalties.
  • Completed the sale of neurology oral liquid products, receiving $9.5 million in the first quarter and potential milestone payments up to $45 million plus royalties.

Headline financials

Total Revenue

$11.9M

Previous: $99K+11917.2%
EPS (adj)

$0.19

Previous: -$0.50+138.0%
Free Cash Flow

$5.12M

Previous: -$9.05M+156.5%
Net Income

$5.12M

Previous: -$9.05M+156.5%
Operating Income

$5.36M

Previous: -$8.88M+160.4%
Gross Profit

$10.3M

Previous: -$3K+343666.7%
Cash & Equivalents

$25.1M

Previous: $12.3M+103.6%
Total Assets

$31.2M

Previous: $17.2M+80.9%
Stock-Based Comp

$673K

Previous: $365K+84.4%

Revenue & EPS history

Eton · Revenue · Quarterly

$11.9M

Q1 2021+11,917.2%vs Q1 2020
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 Pharmaceuticals expects to have a number of additional products launched later this year as a result of the four upcoming PDUFA dates over the next three months. The company expects full year 2021 R&D expenses to be substantially below 2020 levels.

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 2021

Historical avgQ1 2021

+0.6%

Avg return

Earnings day

+3.0%

Avg return

5 days after

+1.9%

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
Q1 2026-3.0%+6.7%
Q4 2025+7.5%+14.8%+20.6%
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

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