NASDAQ$INO

Inovio Pharmaceuticals Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

INOVIO's financial results for the second quarter of 2022 were reported, including revenue of $784,000 and a net loss of $108.5 million.

INOVIO reported a revenue of $784,000 for the second quarter of 2022, an increase from $273,000 in the same period of 2021. The net loss for the quarter was $108.5 million, compared to a net loss of $82.1 million for the quarter ended June 30, 2021.

  • Extended cash runway into the third quarter of 2024 through cost-savings and corporate restructuring efforts.
  • Strengthened executive team with the appointment of Dr. Michael Sumner as Chief Medical Officer.
  • Announced positive data from a Phase 1/2 trial with INO-5401 to treat Glioblastoma (GBM) at the American Society of Clinical Oncology (ASCO) Annual Meeting.
  • INOVIO's corporate reorganization included an 18% workforce reduction.

Headline financials

Total Revenue

$784K

Previous: $273K+187.5%
EPS (adj)

-$5.52

Previous: -$4.68-17.9%
Capital Expenditures

-$717K

Previous: -$419K-71.3%
Free Cash Flow

-$109M

Previous: -$82.6M-32.3%
Net Income

-$108M

Previous: -$82.1M-32.1%
Operating Income

-$104M

Previous: -$83.2M-25.2%
Gross Profit

$858K

Previous: $928K-7.6%
Cash & Equivalents

$41.1M

Previous: $58.9M-30.2%
Total Assets

$459M

Previous: $592M-22.4%
Stock-Based Comp

$8.34M

Previous: $5.65M+47.6%

Revenue & EPS history

Inovio · Revenue · Quarterly

$784K

Q2 2022+187.5%vs Q2 2021
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Forward guidance

INOVIO projects to extend its cash runway into the third quarter 2024 and expects cash burn will decrease incrementally from there into the third quarter of 2024.

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 Q2 2022

Historical avgQ2 2022

-1.6%

Avg return

Earnings day

-0.6%

Avg return

5 days after

-5.9%

Avg return

30 days after

39%

25 / 64 earnings

Positive

+21.6%

Q4 2014

Best reaction

-27.8%

Q2 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.3%-13.5%-22.0%
Q4 2025-1.2%-1.2%-36.9%
Q3 2025-7.1%-4.7%-0.9%
Q1 2025-1.6%+7.8%+4.2%
Q4 2024-6.7%-10.5%-17.1%
Q3 2024-13.9%-18.6%-53.1%
Q2 2024-1.7%-8.1%-26.9%
Q1 2024+7.2%+12.7%-11.0%
Q4 2023-6.7%+24.4%+21.9%
Q3 2023-7.9%+0.0%+0.0%
Q2 2023+9.5%+9.5%+7.1%
Q1 2023-7.1%-8.3%-38.1%
Q4 2022+3.2%-4.0%-34.9%
Q3 2022+1.4%+9.3%-14.4%
Q2 2022+10.2%+11.4%-8.5%
Q1 2022-23.6%-16.0%-30.4%
Q4 2021-5.9%-4.0%+10.8%
Q3 2021+5.6%+9.1%-7.0%
Q2 2021-5.9%+1.3%-9.2%
Q1 2021-5.3%-4.4%+46.4%
Q4 2020-9.7%-17.2%-16.4%
Q3 2020+9.3%+6.6%+8.5%
Q2 2020-27.7%-26.9%-49.2%
Q1 2020+18.8%+23.7%+23.3%
Q4 2019-14.0%-12.3%-3.0%
Q3 2019-5.7%-4.1%+10.6%
Q2 2019-1.6%-6.3%-15.8%
Q1 2019-4.4%-9.2%-37.2%
Q4 2018+3.7%+0.0%+15.9%
Q3 2018+1.1%-7.5%-1.3%
Q2 2018+14.3%+13.8%+35.5%
Q1 2018-6.2%+1.1%-5.1%
Q4 2017+6.6%+12.6%+11.5%
Q3 2017-16.6%-14.3%-15.3%
Q2 2017-0.2%-1.4%+7.8%
Q1 2017+5.8%+15.2%+27.0%
Q4 2016-6.1%-7.7%-7.9%
Q3 2016+18.7%+26.8%+8.7%
Q2 2016-8.1%-9.1%-8.1%
Q1 2016+4.7%
Q4 2015-4.9%
Q3 2015+3.1%
Q2 2015+20.5%
Q1 2015+1.1%
Q4 2014+21.6%
Q3 2014+0.6%
Q2 2014-12.9%
Q1 2014+2.8%
Q4 2013-2.0%
Q3 2013-1.1%
Q2 2013-27.8%
Q1 2013+1.6%
Q4 2012-1.9%
Q3 2012-7.6%
Q2 2012+1.9%
Q1 2012-2.0%
Q4 2011-6.5%
Q3 2011-4.8%
Q2 2011+1.7%
Q1 2011+0.0%
Q4 2010-1.8%
Q3 2010+5.9%
Q2 2010-1.1%
Q1 2010-7.5%

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