NASDAQ$KALV

KalVista Pharmaceuticals Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

KalVista reported financial results for the fiscal third quarter ended January 31, 2020.

KalVista Pharmaceuticals reported a revenue of $1.6 million and a net loss of $9.3 million for the third quarter ended January 31, 2020. The company's research and development expenses increased due to ongoing clinical trials and preclinical activities.

  • Phase 2 clinical trial with KVD900 data expected in the second quarter of this year.
  • Progress in optimization of KVD824 as a potential oral prophylactic treatment.
  • Phase 2 trial of KVD001 did not meet its primary endpoint in the overall study population.
  • KalVista intends to initiate a Phase 2 clinical trial in the second half of 2020 for KVD824.

Headline financials

Total Revenue

$1.58M

Previous: $3.89M-59.5%
EPS (adj)

-$0.52

Previous: -$0.23-126.1%
Capital Expenditures

-$212K

Previous: -$806K+73.7%
Free Cash Flow

-$9.5M

Previous: -$4.76M-99.6%
Net Income

-$9.29M

Previous: -$3.96M-134.9%
Operating Income

-$12.7M

Previous: -$6.66M-91.1%
Cash & Equivalents

$18.6M

No prior period
Total Assets

$103M

No prior period

Revenue & EPS history

KalVista · Revenue · Quarterly

$1.58M

Q3 2020-59.5%vs Q3 2019
Beat estimate in 5 of 12 quarters(42%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.

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 Q3 2020

Historical avgQ3 2020

-0.3%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.7%

Avg return

30 days after

49%

21 / 43 earnings

Positive

+20.3%

Q4 2018

Best reaction

-26.3%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+1.1%+26.3%+56.4%
Q1 2026-3.8%-12.3%-25.3%
Q4 2025-3.1%-5.1%-22.4%
Q3 2025+2.0%-2.6%+5.1%
Q2 2025-4.2%-0.2%-4.5%
Q1 2025-4.5%-13.2%-12.1%
Q4 2024+3.7%+21.3%+2.6%
Q3 2024-13.0%-16.9%-16.9%
Q2 2024-9.0%+8.8%+26.8%
Q1 2024-4.0%-4.2%-12.2%
Q4 2023+17.0%+7.6%+23.5%
Q3 2023-10.4%-1.3%+2.7%
Q2 2023+9.8%+7.3%+27.8%
Q1 2023+1.4%-2.5%-68.4%
Q4 2022+10.6%+18.0%+37.5%
Q3 2022-9.3%-14.6%-16.4%
Q2 2022-0.4%-2.9%-4.2%
Q1 2022-0.6%-6.0%-14.4%
Q4 2021-3.0%-2.9%-14.0%
Q3 2021+3.4%+8.9%-16.8%
Q2 2021+5.2%+5.1%-7.0%
Q1 2021+2.0%+1.3%+9.8%
Q4 2020+7.2%+4.2%-18.8%
Q3 2020-26.3%-41.2%-20.9%
Q2 2020-1.8%-5.7%+18.9%
Q1 2020+8.7%+1.0%-29.4%
Q4 2019-0.5%+1.4%-6.7%
Q3 2019+10.4%+7.6%-0.2%
Q2 2019-14.0%-21.2%-15.5%
Q1 2019+9.6%+4.6%+20.6%
Q4 2018+20.3%+29.8%+94.0%
Q3 2018+4.7%+11.7%+0.8%
Q2 2018-4.8%-12.3%+0.2%
Q1 2018-21.5%-23.6%+9.8%
Q4 2017-0.8%-2.7%-11.6%
Q3 2017+1.9%-1.0%-12.2%
Q2 2017-1.9%-2.9%-1.6%
Q1 2017+0.4%+13.1%-13.3%
Q4 2016-3.2%
Q3 2016+7.1%
Q2 2016-3.2%
Q1 2016+1.3%
Q4 2015+2.4%
Q3 2015
Q2 2014
Q1 2014
Q4 2014
Q3 2013

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