NASDAQ$OCGN

Ocugen Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported financial results and provided a business update.

Ocugen reported its Q2 2022 financial results, highlighting progress in its vaccine and gene therapy programs, including the ongoing Phase 2/3 clinical trial for COVAXIN™ and the completion of Cohort 1 dosing in the OCU400 gene therapy clinical trial. The company also expanded its pipeline with the addition of NeoCart®, a Phase 3-ready cell therapy platform.

  • Continued dosing patients in U.S. Phase 2/3 COVAXIN™ clinical trial
  • Completed dosing of patients in Cohort 1 of OCU400 gene therapy product candidate
  • Expanded product pipeline with the regenerative medicine cell therapy program NeoCart®
  • The Company’s cash, cash equivalents, and restricted cash totaled $115.0 million as of June 30, 2022

Headline financials

EPS (adj)

-$0.09

Previous: -$0.13+30.8%
Capital Expenditures

$1.37M

Previous: -$524K+360.7%
Free Cash Flow

-$15.2M

Previous: -$26.5M+42.7%
Net Income

-$19.5M

Previous: -$26M+25.0%
Operating Income

-$19.6M

Previous: -$25.6M+23.6%
Gross Profit

-$245K

Previous: -$758K+67.7%
Cash & Equivalents

$115M

Previous: $116M-0.6%
Total Assets

$130M

Previous: $124M+4.7%

Revenue & EPS history

Ocugen · Revenue · Quarterly

$1.53M

Q1 2026+3.5%vs Q1 2025
Beat estimate in 4 of 5 quarters(80%)
ActualEstimate

Forward guidance

Ocugen believes that its current cash and cash equivalents balance 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 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-1.2%

Avg return

Earnings day

-2.7%

Avg return

5 days after

-3.7%

Avg return

30 days after

42%

19 / 45 earnings

Positive

+31.5%

Q1 2016

Best reaction

-27.5%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.0%+1.0%-12.0%
Q4 2025+5.4%-10.8%-3.8%
Q3 2025-1.4%-5.6%-14.7%
Q1 2025-2.3%+0.9%+53.8%
Q4 2024-2.8%-5.8%+12.2%
Q3 2024-0.9%-11.3%-19.4%
Q2 2024+5.9%+11.9%-3.4%
Q1 2024+8.3%+5.5%-16.0%
Q4 2023-9.4%-17.0%+24.5%
Q3 2023-6.3%-2.6%+1.3%
Q2 2023-8.8%+3.4%-10.4%
Q1 2023+3.3%+7.3%-32.1%
Q4 2022+2.3%+6.6%-15.6%
Q3 2022-3.3%+15.7%-8.5%
Q2 2022+2.9%+2.2%-13.4%
Q1 2022-12.3%-19.7%+0.4%
Q4 2021+15.0%+14.9%+13.9%
Q3 2021-11.4%-8.4%-41.3%
Q2 2021+8.4%+5.2%-0.8%
Q1 2021+6.2%-10.1%-9.0%
Q4 2020-6.6%-15.4%-39.5%
Q3 2020+1.4%+3.8%+8.0%
Q2 2020-20.2%-23.0%-48.8%
Q1 2020+0.0%-5.2%-24.2%
Q4 2019-15.7%-19.1%-11.1%
Q3 2019-27.5%-50.6%-64.7%
Q2 2019+4.3%-1.1%+43.9%
Q1 2019-4.7%-8.8%+54.9%
Q4 2018-7.1%-7.9%+52.8%
Q3 2018-4.7%-17.8%-9.3%
Q2 2018+6.1%+17.4%-68.9%
Q1 2018-2.3%-17.3%+7.3%
Q4 2017-3.3%-1.3%-5.3%
Q3 2017-5.2%-9.8%-9.9%
Q2 2017+2.2%-0.6%+6.7%
Q1 2017-1.2%-1.2%+0.0%
Q4 2016+1.1%-9.0%+0.0%
Q3 2016-3.7%-9.4%-23.8%
Q2 2016+7.1%+86.4%+82.8%
Q1 2016+31.5%
Q4 2015+8.9%
Q3 2015-16.6%
Q2 2015+3.0%
Q1 2015-2.5%
Q4 2014+4.2%
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013

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