NASDAQ$OCGN

Ocugen Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Ocugen reported financial results and provided a business update for Q3 2022.

Ocugen reported a net loss of $0.10 per share for the third quarter ended September 30, 2022. The company's cash, cash equivalents, and restricted cash totaled $101.6 million as of September 30, 2022. They believe that their current cash and cash equivalents balance will enable them to fund its operations into Q4 2023.

  • Initiated dosing in the third and final cohort of U.S. Phase 1/2 OCU400 gene therapy clinical trial
  • Expanded product pipeline with OCU500—Ocugen’s mucosal COVID-19 vaccine and OCU410ST for Stargardt disease
  • Completed enrollment of U.S. Phase 2/3 COVAXIN™ (BBV152) clinical trial
  • Top line data for COVAXIN™ is expected in early 2023.

Headline financials

EPS (adj)

-$0.10

Previous: -$0.05-100.0%
Capital Expenditures

$844K

Previous: -$747K+213.0%
Free Cash Flow

-$15.1M

Previous: -$11.5M-31.7%
Net Income

-$21.9M

Previous: -$10.8M-103.8%
Operating Income

-$23.1M

Previous: -$10.8M-114.3%
Gross Profit

-$270K

Previous: -$761K+64.5%
Cash & Equivalents

$102M

Previous: $107M-5.4%
Total Assets

$116M

Previous: $116M-0.1%

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 anticipates achieving multiple milestones across its programs next year.

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 2022

Historical avgQ3 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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