NASDAQ$ETON
Eton Pharmaceuticals Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Eton Pharmaceuticals reported financial results, divesting hospital products and focusing on rare diseases with strong Alkindi Sprinkle and Carglumic Acid sales.
Eton Pharmaceuticals reported a net sales increase to $7.4 million, driven by licensing payments and growth in ALKINDI SPRINKLE and Carglumic Acid tablets. The company is now focused on its rare disease strategy following the hospital products divestiture.
- Net sales for the second quarter of 2022 were $7.4 million, compared to $3.1 million in the prior year period.
- Product sales and royalty revenue were $2.4 million for the second quarter of 2022, compared to $0.6 million for the second quarter of 2021.
- Gross profit for the second quarter of 2022 was $4.6 million, compared to $2.9 million in the prior year period.
- Net loss for the second quarter of 2022 was $1.6 million, or $0.06 per basic and diluted share, compared to a loss of $2.0 million, or $0.08 per basic and diluted share in the prior year period.
Headline financials
Revenue & EPS history
Eton · Revenue · Quarterly
$7.36M
Revenue by segment
Eton · $2.4M total across 1 segment · Q2 2022
- Product Sales and Royalties$2.4M—100.0%
Forward guidance
Eton Pharmaceuticals is progressing its R&D pipeline to support additional new product launches in coming years, including resubmitting the application for dehydrated alcohol injection and progressing development of ZENEO® hydrocortisone autoinjector.
Tailwinds
- Resubmission of the application for dehydrated alcohol injection expected later this year, potentially allowing for approval and launch in 2023.
- Continued progress in the development of ZENEO® hydrocortisone autoinjector, with potential filing with the FDA in 2023.
- Initiation of development for two additional high-value rare disease products.
- Potential receipt of an additional $5.0 million milestone payment upon the launch of the recently approved Zonisade™ product.
- Focus on rare disease strategy following the divestiture of hospital products.
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 Q2 2022
+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
| Quarter | Report date | Reaction (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 | — | — | — |
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