NASDAQ$FOLD

Amicus Therapeutics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Announced third quarter 2021 financial results and corporate updates.

Amicus Therapeutics announced its Q3 2021 financial results, featuring an 18% increase in total Galafold revenue compared to Q3 2020. The company is on track to complete the business combination of its gene therapy business with ARYA IV, resulting in the launch of Caritas Therapeutics.

  • Total Galafold revenue reached $79.5 million, marking an 18% increase compared to Q3 2020.
  • The company is reiterating its 2021 revenue guidance of $300 million to $315 million.
  • The FDA accepted the AT-GAA BLA and NDA for Pompe disease for review, and marketing authorization applications were submitted to the European Medicines Agency.
  • Amicus is on track to complete the planned business combination of its gene therapy business with ARYA IV, leading to the launch of Caritas Therapeutics in late 2021 or early 2022.

Headline financials

Total Revenue

$79.5M

Previous: $67.4M+18.0%
EPS (adj)

-$0.19

Previous: -$0.22+13.6%
Capital Expenditures

-$2.12M

Previous: -$2.16M+1.7%
Free Cash Flow

-$134M

Previous: -$186M+27.8%
Net Income

-$50.3M

Previous: -$64M+21.4%
Operating Income

-$42.4M

Previous: -$52.8M+19.6%
Gross Profit

$67.8M

Previous: $59M+14.9%
Cash & Equivalents

$386M

Previous: $211M+83.2%
Total Assets

$957M

Previous: $901M+6.2%
Stock-Based Comp

$11.8M

Previous: $15.9M-25.6%

Revenue & EPS history

Amicus Therapeutics · Revenue · Quarterly

$79.5M

Q3 2021+18%vs Q3 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Amicus Therapeutics · $79.5M total across 1 segment · Q3 2021

  • Galafold
    $79.5M+18.0%

Forward guidance

Amicus Therapeutics is reiterating its 2021 revenue guidance of $300M-$315M

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 Q3 2021

Historical avgQ3 2021

-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%

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