NASDAQ$NVCR

Novocure Ltd · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported revenue growth and financial strength, clinical pipeline developments and the company’s response to COVID-19.

Novocure reported a strong quarter with $102 million in net revenues, $4 million in net income, and $331 million cash on hand. Net revenues increased by 39% compared to the first quarter 2019.

  • Net revenues of $101.8 million, representing 39 percent growth versus the first quarter 2019.
  • Gross profit of $77.3 million, a 45% increase compared to Q1 2019.
  • Net income of $4.0 million compared to a net loss of $12.2 million for the same period in 2019.
  • Cash, cash equivalents and short-term investments at end of period $331.3 million, a 29% increase compared to Q1 2019.

Headline financials

Total Revenue

$102M

Previous: $73.3M+38.9%
EPS (adj)

$0.04

Previous: -$0.13+130.8%
Total Active Patients

3.1K

Previous: 2.6K+17.6%
Capital Expenditures

-$3.11M

Previous: -$860K-261.9%
Free Cash Flow

$840K

Previous: -$13M+106.5%
Net Income

$3.95M

Previous: -$12.2M+132.5%
Operating Income

-$3.38M

Previous: -$6.12M+44.7%
Gross Profit

$77.3M

Previous: $53.5M+44.6%
Cash & Equivalents

$182M

Previous: $152M+19.6%
Total Assets

$502M

Previous: $370M+35.7%
Stock-Based Comp

$16.6M

Previous: $9.65M+71.6%

Revenue & EPS history

Novocure · Revenue · Quarterly

$102M

Q1 2020+38.9%vs Q1 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

Novocure continues to advance its clinical milestones with data readouts expected over the next several years.

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

-0.5%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+2.6%

Avg return

30 days after

49%

21 / 43 earnings

Positive

+27.5%

Q1 2026

Best reaction

-34.3%

Q2 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+27.5%+33.1%+42.8%
Q4 2025-7.9%-11.3%-26.8%
Q3 2025-4.7%-11.0%-5.0%
Q2 2025-0.3%+3.9%+4.6%
Q1 2025+4.4%+2.9%+4.3%
Q4 2024-12.4%-17.2%-14.1%
Q3 2024-10.1%-1.8%+18.7%
Q2 2024+1.2%+24.2%-4.1%
Q1 2024+16.0%+21.9%+72.8%
Q4 2023-2.6%+4.4%-15.4%
Q3 2023-10.2%-5.5%-11.4%
Q2 2023-17.4%-19.1%-26.2%
Q1 2023+3.5%+6.2%+20.6%
Q4 2022-6.1%-6.1%-30.3%
Q3 2022+3.5%+8.1%+10.8%
Q2 2022-8.1%-5.1%+11.9%
Q1 2022-0.5%+8.9%+9.1%
Q4 2021+10.1%+10.5%+9.8%
Q3 2021-7.4%-2.8%-12.4%
Q2 2021-15.3%-18.0%-25.9%
Q1 2021-0.7%-4.0%-0.7%
Q4 2020-13.9%-11.6%-28.1%
Q3 2020+5.8%-1.4%+9.9%
Q2 2020+11.5%+14.9%+20.6%
Q1 2020-17.8%-12.8%-8.3%
Q4 2019-8.4%-12.7%-17.6%
Q3 2019+1.5%+4.3%+24.1%
Q2 2019+11.2%+17.3%+30.3%
Q1 2019+13.0%+10.0%+22.7%
Q4 2018+4.0%-2.5%-10.8%
Q3 2018-23.6%-22.9%-29.6%
Q2 2018-6.7%-9.2%+6.8%
Q1 2018+11.2%+14.3%+25.7%
Q4 2017-10.4%-1.9%+1.9%
Q3 2017+7.5%+19.3%+4.7%
Q2 2017+4.3%+2.3%+2.1%
Q1 2017+3.2%+8.2%+16.4%
Q4 2016-3.5%+6.3%-1.4%
Q3 2016+13.4%+21.8%+34.5%
Q2 2016-34.3%-31.6%-31.6%
Q1 2016+2.3%
Q4 2015+24.7%
Q3 2015+22.3%
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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