NASDAQ$IRMD

IRadimed Corporation · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

IRadimed announced financial results for Q1 2020, with revenue increasing slightly and net income remaining stable compared to the previous year.

IRadimed reported a slight increase in revenue for the first quarter of 2020, with stable net income. The company's cash flow from operations increased, and it maintains a strong balance sheet despite the uncertainty created by COVID-19.

  • Revenue increased to $8.7 million compared to $8.4 million in Q1 2019.
  • Net income remained stable at $1.8 million, with EPS of $0.14 per diluted share.
  • Non-GAAP net income increased to $2.2 million, or $0.18 per diluted share.
  • Cash flow from operations increased to $1.2 million, and free cash flow was $1.0 million.

Headline financials

Total Revenue

$8.68M

Previous: $8.44M+2.8%
EPS (adj)

$0.18

Previous: $0.13+38.5%
Gross Profit Margin

74.5%

Previous: 75.7%-1.6%
Capital Expenditures

-$167K

Previous: -$82.9K-100.9%
Free Cash Flow

$1.6M

Previous: $1.76M-9.1%
Net Income

$1.77M

Previous: $1.85M-4.1%
Operating Income

$737K

Previous: $1.51M-51.3%
Gross Profit

$6.46M

Previous: $6.39M+1.2%
Cash & Equivalents

$47.4M

Previous: $29.7M+59.7%
Total Assets

$68.4M

Previous: $54.4M+25.6%
Stock-Based Comp

$569K

Previous: $382K+48.8%

Revenue & EPS history

IRadimed · Revenue · Quarterly

$8.68M

Q1 2020+2.8%vs Q1 2019
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Due to the rapidly changing situation and high degree of uncertainty created by the global impact of COVID-19, the Company withdrew its previous guidance on April 7, 2020 and is not providing any additional financial guidance at this time.

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 2020

Historical avgQ1 2020

+2.2%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+2.8%

Avg return

30 days after

59%

30 / 51 earnings

Positive

+32.1%

Q2 2019

Best reaction

-20.0%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.5%+3.4%+8.6%
Q4 2025+9.6%+4.0%+3.5%
Q3 2025+9.4%+9.8%+21.3%
Q1 2025-2.3%-3.0%+13.7%
Q4 2024-8.4%-5.8%-13.3%
Q3 2024-8.8%-0.4%+1.9%
Q2 2024-4.9%-6.6%+0.5%
Q1 2024+6.4%+4.0%+1.1%
Q4 2023-6.9%-3.3%-5.2%
Q3 2023+3.5%-1.3%+3.5%
Q2 2023+10.7%+10.4%+9.7%
Q1 2023+8.5%+8.3%+13.0%
Q4 2022+10.1%-0.3%+3.7%
Q3 2022+5.2%+6.0%+9.4%
Q2 2022-1.4%-3.2%-17.8%
Q1 2022-17.2%-21.5%-19.4%
Q4 2021+19.8%+33.5%+24.1%
Q3 2021+6.4%+5.1%+16.8%
Q2 2021+1.0%-1.8%-2.2%
Q1 2021+5.9%+9.2%+3.9%
Q4 2020-7.2%-2.4%-7.8%
Q3 2020+3.1%+2.7%+9.0%
Q2 2020-4.2%-2.7%-7.2%
Q1 2020-7.9%-8.4%+8.1%
Q4 2019+2.4%-0.5%-10.8%
Q3 2019+5.5%+1.9%-8.2%
Q2 2019+32.1%+23.6%+7.1%
Q1 2019-20.0%-15.1%-25.3%
Q4 2018-0.4%-0.9%-12.4%
Q3 2018+1.7%+4.8%+16.1%
Q2 2018+4.6%+9.8%+17.5%
Q1 2018+13.6%+15.1%+17.0%
Q4 2017-6.3%-7.3%-13.6%
Q3 2017+12.2%+7.1%+11.0%
Q2 2017+17.3%+14.9%+18.5%
Q1 2017-3.4%-3.4%-6.2%
Q4 2016-4.0%-2.8%-2.8%
Q3 2016+2.2%+0.5%+22.7%
Q2 2016+2.8%-4.6%-1.2%
Q1 2016-5.6%
Q4 2015-17.1%
Q3 2015+11.6%
Q1 2014+0.2%
Q2 2015+18.6%
Q1 2015+2.2%
Q4 2014+7.2%
Q3 2013+4.9%
Q3 2014+4.9%
Q4 2013-2.3%
Q2 2013-2.3%
Q2 2014-0.4%
Q1 2013

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