NASDAQ$EYPT

EyePoint Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Announced first quarter 2022 financial results and highlighted recent corporate developments.

EyePoint Pharmaceuticals reported a strong first quarter with $9.0 million in net product revenue, a 32% increase from the first quarter of last year. The company is well-capitalized to continue advancing its pipeline, including two expected Phase 2 clinical trial initiations of EYP-1901 in wet AMD in Q3 and in NPDR later in the second half of 2022.

  • Presented positive eight-month safety and efficacy data from ongoing DAVIO Phase 1 clinical trial for EYP-1901 in wet age-related macular degeneration (wet AMD).
  • Announced EYP-1901 license to Betta Pharmaceuticals, to develop and commercialize EYP-1901 in China, Hong Kong, Macau and Taiwan.
  • Net product revenues of $9.0 million versus $6.8 million in Q1 2021, a 32% increase.
  • Management to host a conference call and webcast today at 8:30 a.m. ET.

Headline financials

Total Revenue

$9.29M

Previous: $7.32M+26.9%
EPS (adj)

-$0.56

Previous: -$0.50-12.0%
Research and Development

$9.95M

No prior period
Total Operating Expenses

$27.6M

Previous: $18.3M+51.0%
Capital Expenditures

-$149K

Previous: $0.00
Free Cash Flow

-$21.1M

Previous: -$12.3M-72.0%
Net Income

-$21M

Previous: -$12.3M-70.8%
Operating Income

-$18.3M

Previous: -$10.9M-67.2%
Gross Profit

$7.52M

No prior period
Cash & Equivalents

$102M

Previous: $139M-26.7%
Total Assets

$245M

Previous: $187M+30.7%
Stock-Based Comp

$3.48M

No prior period

Revenue & EPS history

EyePoint Pharmaceuticals · Revenue · Quarterly

$9.29M

Q1 2022+26.9%vs Q1 2021
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

EyePoint Pharmaceuticals · $9.29M total across 2 segments · Q1 2022

  • Product sales, net
    $9.01M+32.5%
  • License and Royalties
    $284K-45.5%

Forward guidance

We expect the cash and investments on hand on March 31, 2022 and expected net cash inflows from our product sales will enable us to fund our current and planned operations into the second half of 2024.

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 2022

Historical avgQ1 2022

-0.4%

Avg return

Earnings day

-1.2%

Avg return

5 days after

-3.7%

Avg return

30 days after

48%

28 / 58 earnings

Positive

+21.1%

Q3 2023

Best reaction

-37.2%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%+1.9%-11.9%
Q4 2025-1.9%-14.5%-26.9%
Q3 2025-11.0%-8.4%+43.2%
Q1 2025-2.2%-6.4%+43.0%
Q4 2024+8.2%+16.6%-24.2%
Q3 2024-3.7%-8.0%-27.9%
Q2 2024+1.6%-7.3%-11.6%
Q1 2024+6.7%+2.9%-23.3%
Q4 2023-5.2%-11.4%-21.2%
Q3 2023+21.1%+26.7%+9.8%
Q2 2023-1.3%-2.6%-17.2%
Q1 2023+4.5%-0.3%-7.9%
Q4 2022+2.8%-0.9%-7.3%
Q3 2022-1.3%-3.5%-37.5%
Q2 2022+13.3%+14.2%-0.2%
Q1 2022-4.9%-19.5%-23.8%
Q4 2021+16.6%+34.3%+23.9%
Q3 2021+10.1%+26.1%+18.6%
Q2 2021+6.5%+8.3%+28.7%
Q1 2021-8.1%-14.8%-12.0%
Q4 2020-18.6%-12.4%-6.8%
Q3 2020-7.5%+10.0%+30.0%
Q2 2020-8.2%-6.8%-32.9%
Q1 2020-3.3%-2.2%-8.9%
Q4 2019-11.1%-27.1%-47.2%
Q3 2019-37.2%-41.6%-35.1%
Q2 2019+11.9%+3.2%+20.6%
Q4 2018-3.5%+2.2%+41.0%
Q3 2018+6.7%-15.9%-4.6%
Q2 2018-2.7%-5.5%+12.7%
Q1 2018-2.4%+9.5%+0.8%
Q4 2017+1.6%-5.5%-3.1%
Q3 2017+16.6%+17.8%+33.1%
Q2 2017+4.1%+5.3%+0.0%
Q1 2017+1.0%-2.0%-11.2%
Q4 2016+1.6%-4.1%-35.7%
Q3 2016+0.7%
Q2 2016-10.1%
Q1 2016-2.3%
Q4 2015-1.3%
Q3 2015-12.3%
Q2 2015+2.3%
Q1 2015+1.1%
Q4 2014-1.5%
Q3 2014+2.2%
Q2 2014+4.6%
Q1 2014-0.4%
Q4 2013+2.2%
Q3 2013+0.0%
Q3 2012+2.1%
Q4 2010-0.6%
Q4 2012+3.1%
Q1 2012+0.9%
Q4 2011-6.9%
Q3 2011-5.5%
Q1 2011+1.6%
Q3 2010-1.7%
Q1 2010-4.1%

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