NASDAQ$IMNN

Celsion Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Celsion reported first quarter 2022 financial results and provided a business update.

Celsion Corporation reported a net loss of $10.5 million, or $1.82 per share, for the first quarter of 2022. The company's operating expenses were $6.0 million, and research and development expenses were $3.1 million. Celsion had $47.3 million in cash, investments and restricted cash as of March 31, 2022, and believes it has sufficient capital resources to fund its operations into the second quarter of 2025.

  • Patient enrollment in OVATION 2 continues with 85% of patients enrolled as of May 15, 2022.
  • Early reports from the first thirty-nine patients showed a 27% improvement in surgical resection rate in the GEN-1 treatment arm over the control arm.
  • Preclinical studies showed Celsion's next-generation PLACCINE DNA vaccine can target two different viral variants.
  • BIOQUAL, Inc. is conducting a non-human primate challenge study of Celsion's vaccine candidates against SARS-CoV-2.

Headline financials

Total Revenue

$125K

Previous: $125K+0.0%
EPS (adj)

-$1.82

Previous: -$1.35-34.8%
Capital Expenditures

-$55.9K

Previous: -$127K+55.9%
Free Cash Flow

-$10.5M

Previous: -$5.82M-81.1%
Net Income

-$10.5M

Previous: -$5.69M-84.1%
Operating Income

-$5.84M

Previous: -$5.38M-8.5%
Gross Profit

-$540.00

Previous: $125K-100.4%
Cash & Equivalents

$28.4M

Previous: $37.8M-24.9%
Total Assets

$64.3M

Previous: $73M-11.9%
Stock-Based Comp

$995K

Previous: $1.58M-37.0%

Revenue & EPS history

Celsion · Revenue · Quarterly

$125K

Q1 2022+0%vs Q1 2021
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

Forward guidance

Celsion believes it has sufficient capital resources to fund its operations into the second quarter of 2025.

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 Q1 2022

Historical avgQ1 2022

+0.2%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+3.5%

Avg return

30 days after

32%

12 / 38 earnings

Positive

+28.7%

Q3 2019

Best reaction

-12.8%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-1.1%-8.8%
Q2 2025-4.8%-10.3%-28.5%
Q1 2025+2.5%-40.0%+107.5%
Q4 2024+1.2%+6.3%+36.2%
Q3 2024-12.8%-17.0%-10.6%
Q2 2024-0.9%+4.6%+1.8%
Q1 2024+7.2%+1.4%-11.6%
Q4 2023+17.1%+25.0%+2.9%
Q3 2023-4.0%-3.0%-9.1%
Q2 2023-3.2%-5.6%-10.4%
Q1 2023-5.2%-6.7%+3.7%
Q4 2022-2.3%-6.2%+0.8%
Q3 2022-3.9%-4.6%-11.1%
Q2 2022-1.6%-11.6%-19.8%
Q1 2022+0.4%-7.5%-23.5%
Q4 2021-4.5%+17.4%-45.3%
Q3 2021+1.2%-10.7%-22.6%
Q2 2021-1.9%-8.4%+0.0%
Q1 2021+4.0%+12.1%+54.5%
Q4 2020-1.3%-22.9%-53.3%
Q3 2020-1.9%-3.7%+24.1%
Q2 2020+0.0%-1.8%-28.4%
Q1 2020-1.5%+26.5%+125.0%
Q4 2019+9.0%-3.4%+31.5%
Q3 2019+28.7%+34.3%+50.0%
Q2 2019+0.0%+7.1%+3.0%
Q1 2019+6.1%-4.2%-15.4%
Q4 2018-2.5%+19.9%+6.5%
Q3 2018-4.2%-12.6%-8.8%
Q2 2018-9.4%-8.7%+2.2%
Q1 2018-1.6%+1.2%+0.0%
Q4 2017-4.3%-11.5%-12.6%
Q3 2017-5.2%-5.7%+32.1%
Q2 2017-1.4%-9.5%-5.4%
Q1 2017+0.0%-8.3%-14.0%
Q4 2016+3.4%-3.4%+3.4%
Q3 2016+0.0%-10.9%-27.2%
Q2 2016+4.2%+10.0%+3.3%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q2 2012

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