NASDAQ$KALA

Kala Bio Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Kala Pharmaceuticals reported financial results for the second quarter ended June 30, 2021 and provided a corporate update.

Kala Pharmaceuticals reported net product revenues of $3.1 million for the quarter ended June 30, 2021. EYSUVIS prescriptions increased by 93% compared to the first quarter of 2021. The company expanded commercial coverage for EYSUVIS to more than 96 million lives.

  • EYSUVIS prescriptions increased by 93% compared to the first quarter of 2021.
  • Commercial coverage for EYSUVIS expanded to more than 96 million lives.
  • Net product revenues reached $3.1 million in the second quarter of 2021.
  • Kala recently expanded its sales force from 91 to 105 ophthalmic sales professionals.

Headline financials

Total Revenue

$3.05M

Previous: $833K+266.3%
EPS (adj)

-$28.50

Previous: -$21.00-35.7%
Net Income

-$36.5M

Previous: -$23.3M-56.6%
Operating Income

-$29M

Previous: -$21.3M-36.3%
Gross Profit

$2.04M

No prior period
Cash & Equivalents

$150M

Previous: $185M-18.9%
Total Assets

$215M

Previous: $246M-12.2%
Stock-Based Comp

$4.71M

No prior period

Revenue & EPS history

Kala Bio · Revenue · Quarterly

$3.05M

Q2 2021+266.3%vs Q2 2020
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

Kala anticipates that its cash resources as of June 30, 2021, together with anticipated revenue from EYSUVIS and INVELTYS, will enable it to fund its operations for at least two years.

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 2021

Historical avgQ2 2021

+1.5%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-4.7%

Avg return

30 days after

40%

14 / 35 earnings

Positive

+119.7%

Q4 2022

Best reaction

-18.3%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-1.6%-17.4%-17.7%
Q3 2025-7.4%-10.4%-9.7%
Q2 2025+2.0%+9.9%+103.2%
Q1 2025-5.0%+4.6%+23.6%
Q4 2024-1.5%+1.5%+0.0%
Q3 2024-6.1%-9.5%-17.7%
Q2 2024+3.2%-1.7%-1.7%
Q1 2024-0.9%-3.9%-12.0%
Q4 2023+0.3%-2.4%-21.0%
Q3 2023-6.6%-2.2%+19.7%
Q2 2023-6.5%-8.4%-7.9%
Q1 2023-2.8%+3.0%-5.3%
Q4 2022+119.7%+114.5%+48.0%
Q3 2022+23.7%+34.9%-1.9%
Q2 2022-3.4%-4.6%-1.7%
Q1 2022+8.2%-5.4%-43.1%
Q4 2021-16.6%-25.1%-61.9%
Q3 2021+4.3%-7.7%-30.4%
Q2 2021-6.3%-4.8%-2.7%
Q1 2021-18.3%-18.4%-9.0%
Q4 2020-17.0%-17.6%-21.4%
Q3 2020-1.8%+0.6%+2.5%
Q2 2020-2.7%-2.5%-13.2%
Q1 2020-2.8%+2.8%+17.0%
Q4 2019+3.5%+1.6%+1.3%
Q3 2019+7.0%-4.4%+4.2%
Q2 2019+1.2%-0.6%-20.6%
Q1 2019-8.6%-17.2%-24.2%
Q4 2018+1.0%+6.6%-1.6%
Q3 2018-5.4%-13.8%-25.9%
Q2 2018+1.6%-3.9%-8.5%
Q1 2018+2.0%+3.7%-16.0%
Q4 2017-7.1%-7.4%-7.4%
Q3 2017-3.6%+2.6%+1.7%
Q2 2017+5.4%+6.2%-3.7%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015

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