NASDAQ$FOLD

Amicus Therapeutics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Amicus Therapeutics reported strong operational growth driven by continued global uptake of Galafold and patient demand.

Amicus Therapeutics announced financial results for the quarter ended June 30, 2022. The company is pleased by the continued global uptake of Galafold and continued patient demand, which is driving strong operational growth in-line with 2022 guidance. They are focused on gaining regulatory approvals of AT-GAA for people living with Pompe disease around the world and poised for the anticipated successful launch of AT-GAA.

  • Galafold revenue reflects 11% sales growth with operational growth of 18%, partly offset by currency headwinds of 7%.
  • The company is on-track to deliver full-year double-digit revenue growth of 15-20% at constant exchange rates.
  • The company is advancing U.S. and EU regulatory reviews and launch preparations for AT-GAA in Pompe Disease.
  • 3 Newly Issued U.S. Composition of Matter Patents for Galafold Add to Growing U.S. Patent Portfolio

Headline financials

Total Revenue

$80.7M

Previous: $77.4M+4.3%
EPS (adj)

-$0.21

Previous: -$0.19-10.5%
Capital Expenditures

-$1.23M

Previous: -$1.23M+0.6%
Free Cash Flow

-$75.4M

Previous: -$110M+31.1%
Net Income

-$62.2M

Previous: -$51.2M-21.3%
Operating Income

-$60.6M

Previous: -$38.8M-56.1%
Gross Profit

$72.5M

Previous: $69M+5.1%
Cash & Equivalents

$236M

Previous: $177M+33.5%
Total Assets

$801M

Previous: $787M+1.7%
Stock-Based Comp

$12.5M

Previous: $11.7M+6.2%

Revenue & EPS history

Amicus Therapeutics · Revenue · Quarterly

$80.7M

Q2 2022+4.3%vs Q2 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Amicus Therapeutics · $159M total across 1 segment · Q2 2022

  • Galafold
    $159M+105.9%

Forward guidance

The company is on-track to deliver full-year double-digit revenue growth of 15-20% at constant exchange rates.

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 Q2 2022

Historical avgQ2 2022

-0.3%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.3%

Avg return

30 days after

39%

25 / 64 earnings

Positive

+28.4%

Q3 2016

Best reaction

-16.1%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.2%+0.0%+0.6%
Q3 2025+1.6%+0.1%+12.3%
Q2 2025-2.5%+14.0%+23.8%
Q1 2025-13.0%-19.4%-21.0%
Q4 2024-2.9%-5.2%-8.5%
Q3 2024-6.5%-8.9%-17.1%
Q2 2024+14.8%+17.2%+16.5%
Q1 2024-9.0%-8.0%-0.9%
Q4 2023-7.4%-2.8%-14.9%
Q3 2023-14.8%-12.3%-4.2%
Q2 2023+9.1%+7.0%-1.4%
Q1 2023-4.2%-8.1%+5.1%
Q4 2022-3.9%-8.1%-15.9%
Q3 2022+6.5%+11.1%+20.5%
Q2 2022+17.5%+19.2%+10.5%
Q1 2022+7.5%+19.5%+40.0%
Q4 2021+0.0%-0.5%+13.2%
Q3 2021-3.8%-4.9%-12.6%
Q2 2021+8.5%+7.6%+20.1%
Q1 2021-1.5%-2.7%+8.5%
Q4 2020-9.0%-14.7%-19.5%
Q3 2020-1.3%+7.5%+11.8%
Q2 2020-5.3%-6.6%-9.5%
Q1 2020-1.6%+2.5%+8.7%
Q4 2019-4.2%-0.6%-7.2%
Q3 2019+3.2%+7.0%+5.8%
Q2 2019-8.5%-12.0%-21.9%
Q1 2019-4.8%-11.7%-13.2%
Q4 2018+12.0%+9.1%+9.4%
Q3 2018-6.0%-10.6%-16.3%
Q2 2018+4.7%+5.4%-16.8%
Q1 2018-4.7%-4.0%+11.2%
Q4 2017-6.2%-9.0%-0.7%
Q3 2017-10.4%-8.5%-6.6%
Q2 2017+1.1%-8.9%+6.3%
Q1 2017+1.2%+8.4%+27.3%
Q4 2016+14.5%+18.5%+9.9%
Q3 2016+28.4%+49.8%-4.6%
Q2 2016-9.5%+0.0%+1.4%
Q1 2016-9.6%
Q4 2015-4.3%
Q3 2015+8.9%
Q2 2015-16.1%
Q1 2015-1.5%
Q4 2014-0.5%
Q3 2014-0.5%
Q2 2014-2.8%
Q1 2014+0.5%
Q4 2013+2.8%
Q3 2013+3.9%
Q2 2013+7.8%
Q1 2013-1.3%
Q4 2012+11.0%
Q3 2012-13.3%
Q2 2012-5.5%
Q1 2012+6.4%
Q4 2011-4.9%
Q3 2011+3.9%
Q2 2011+6.7%
Q1 2011-1.1%
Q4 2010-4.4%
Q3 2010-2.5%
Q2 2010+10.0%
Q1 2010-1.3%

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