NASDAQ$KALA

Kala Bio Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2021.

Kala Pharmaceuticals reported Q4 2021 net product revenues of $1.9 million, with EYSUVIS sales at $1.2 million and INVELTYS sales at $0.7 million. The company had cash and cash equivalents of $92.1 million as of December 31, 2021.

  • EYSUVIS prescriptions increased by 21% quarter-over-quarter in Q4 2021.
  • Coverage secured for EYSUVIS includes 118 million commercial lives and 7.1 million Medicare lives.
  • KPI-012 Phase 1b clinical data accepted for presentation at ARVO.
  • Phase 2/3 clinical trial of KPI-012 expected to start in Q4 2022.

Headline financials

Total Revenue

$1.86M

Previous: $2.24M-17.1%
EPS (adj)

-$34.00

Previous: -$27.50-23.6%
Net Income

-$47.6M

Previous: -$31.1M-53.1%
Operating Income

-$46.8M

Previous: -$29M-61.4%
Gross Profit

$438K

Previous: $879K-50.2%
Cash & Equivalents

$92.1M

Previous: $154M-40.0%
Total Assets

$139M

Previous: $222M-37.1%
Stock-Based Comp

$2.75M

Previous: $4.06M-32.4%

Revenue & EPS history

Kala Bio · Revenue · Quarterly

$1.86M

Q4 2021-17.1%vs Q4 2020
Beat estimate in 1 of 5 quarters(20%)
ActualEstimate

Forward guidance

Kala anticipates that its cash resources as of December 31, 2021, together with anticipated revenue from EYSUVIS and INVELTYS, will enable it to fund its operations into the second quarter of 2023.

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 Q4 2021

Historical avgQ4 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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