NASDAQ$LAB

Standard Biotool · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported an 8 percent decrease in revenue, amounting to $26.1 million, and filed for FDA Emergency Use Authorization for COVID-19 Saliva-based Test.

Fluidigm Corporation announced financial results for the second quarter ended June 30, 2020. The company has pivoted to meet testing and immune profiling research needs brought on by the pandemic. They filed for Emergency Use Authorization for their extraction-free saliva test and were selected for a project to expand COVID-19 testing under the National Institutes of Health Rapid Acceleration of Diagnostics initiative.

  • Revenue decreased 8 percent to $26.1 million.
  • Filed for Emergency Use Authorization for COVID-19 Saliva-based Test.
  • Selected for $37 Million Project under National Institutes of Health RADx Initiative.
  • Product and service margin was 52.5 percent.

Headline financials

Total Revenue

$26.1M

Previous: $28.2M-7.6%
EPS (adj)

-$0.07

Previous: -$0.10+30.0%
Capital Expenditures

-$1.67M

Previous: -$685K-143.9%
Free Cash Flow

-$14.7M

Previous: -$14.4M-1.7%
Net Income

-$13M

Previous: -$13.8M+5.4%
Operating Income

-$13.7M

Previous: -$14.6M+6.2%
Gross Profit

$11.8M

Previous: $15.4M-23.0%
Cash & Equivalents

$43M

Previous: $24M+78.7%
Total Assets

$282M

Previous: $284M-0.5%
Stock-Based Comp

$3.63M

No prior period

Revenue & EPS history

Standard Biotool · Revenue · Quarterly

$26.1M

Q2 2020-7.6%vs Q2 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

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 Q2 2020

Historical avgQ2 2020

-2.7%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+0.6%

Avg return

30 days after

42%

19 / 45 earnings

Positive

+44.5%

Q3 2015

Best reaction

-51.0%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.0%+1.0%+16.3%
Q4 2025+2.6%-4.3%-21.7%
Q3 2025-2.6%+0.0%+26.1%
Q1 2025-3.9%+9.4%+0.0%
Q4 2024-10.3%-9.4%-2.6%
Q3 2024+12.0%+5.7%-13.7%
Q2 2024-38.8%-31.5%-8.2%
Q1 2024+1.7%+4.6%-2.1%
Q4 2023-3.8%+10.3%+15.8%
Q3 2023-6.9%+6.9%+15.2%
Q2 2023+6.7%+20.0%+20.8%
Q1 2023+9.1%+7.3%+33.9%
Q4 2022+0.0%-0.5%+3.3%
Q3 2022-7.9%+32.7%+29.7%
Q2 2022-11.1%-6.9%-22.8%
Q1 2022-5.8%-21.4%-37.1%
Q4 2021+3.1%-1.4%+8.0%
Q3 2021-5.1%+0.8%-8.2%
Q2 2021-7.0%-0.7%+4.7%
Q1 2021+5.1%+12.5%+12.1%
Q4 2020-19.8%-20.5%-35.2%
Q3 2020+13.5%-18.2%-7.7%
Q2 2020+2.6%+0.1%-17.3%
Q1 2020+15.9%+31.9%+0.0%
Q4 2019-0.3%-3.7%-30.6%
Q3 2019-51.0%-54.5%-51.0%
Q2 2019-31.5%-40.0%-52.5%
Q1 2019-10.4%-13.2%-1.4%
Q4 2018+10.4%+17.5%+37.4%
Q3 2018+2.1%+1.7%+13.9%
Q2 2018+7.0%+8.4%+26.1%
Q1 2018-2.2%-7.1%-5.3%
Q4 2017+13.4%+30.3%+17.8%
Q3 2017+1.8%-7.4%+4.7%
Q2 2017-3.1%-4.9%+44.9%
Q1 2017+17.3%+16.1%-3.6%
Q4 2016-1.6%+0.3%-18.1%
Q3 2016-1.8%+11.1%+48.8%
Q2 2016-12.2%-13.4%-15.8%
Q1 2016+5.4%
Q4 2015+0.0%
Q3 2015+44.5%
Q2 2015-35.8%
Q1 2015-26.4%
Q4 2014+2.2%

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