NASDAQ$ETON

Eton Pharmaceuticals Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Eton Pharmaceuticals reported financial results with revenue of $0.8 million and a net loss of $6.1 million.

Eton Pharmaceuticals reported third quarter financial results with revenue of $0.8 million and a net loss of $6.1 million. The company made advancements to its commercial portfolio with two more FDA-approved products and is increasing ALKINDI SPRINKLE’s commercial footprint.

  • Eton gained two more FDA-approved products, EPRONTIA and carglumic acid.
  • Eton is increasing ALKINDI SPRINKLE’s commercial footprint through a co-promotion arrangement with Tolmar Pharmaceuticals.
  • Eton now has six FDA-approved products, three of which (carglumic acid, EPRONTIA®, and Rezipres®) are expected to launch in the fourth quarter of 2021.
  • Eton reported revenue of $0.8 million for the third quarter of 2021.

Headline financials

Total Revenue

$775K

Previous: -$161K+581.4%
EPS (adj)

-$0.24

Previous: -$0.31+22.6%
Capital Expenditures

-$5K

Previous: -$6K+16.7%
Free Cash Flow

-$6.1M

Previous: -$6.51M+6.3%
Net Income

-$6.09M

Previous: -$6.5M+6.3%
Operating Income

-$5.85M

Previous: -$6.27M+6.8%
Gross Profit

$158K

Previous: -$17K+1029.4%
Cash & Equivalents

$22.7M

Previous: $7.33M+209.7%
Total Assets

$26.6M

Previous: $11.4M+133.5%
Stock-Based Comp

$1.01M

No prior period

Revenue & EPS history

Eton · Revenue · Quarterly

$775K

Q3 2021-581.4%vs Q3 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 is in an even stronger position to deliver significant revenue and reach sustained profitability in 2022.

Tailwinds

  • Eton gained two more FDA-approved products, EPRONTIA and carglumic acid.
  • EPRONTIA should launch in the fourth quarter.
  • carglumic acid should launch in the fourth quarter.
  • Eton is increasing ALKINDI SPRINKLE’s commercial footprint more than ten-fold through an attractive co-promotion arrangement with Tolmar Pharmaceuticals.
  • Eton now has six FDA-approved products.

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 Q3 2021

Historical avgQ3 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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