NASDAQ$OCUL

Ocular Therapeutix Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Ocular Therapeutix reported financial results for the first quarter of 2021 and provided updates on its ophthalmology pipeline.

Ocular Therapeutix's first quarter of 2021 saw significant progress, with DEXTENZA® revenue up over 200% year-over-year and a record 16,634 billable units sold. The company is advancing its pipeline, including Phase 2 programs in wet-AMD and glaucoma, and expects to complete a Phase 2 clinical trial in dry eye disease.

  • DEXTENZA® achieved a quarterly record of 16,634 billable units sold to end customers, representing 15% sequential growth.
  • DEXTENZA® revenue increased by approximately 220% compared to the first quarter of 2020.
  • The company presented pre-clinical and clinical data at the 2021 ARVO meeting.
  • A Phase 2 clinical trial evaluating OTX-DED for dry eye disease has dosed its first patient.

Headline financials

Total Revenue

$7.34M

Previous: $2.61M+181.4%
EPS (adj)

-$0.24

Previous: -$0.41+41.5%
Capital Expenditures

-$158K

Previous: -$249K+36.5%
Free Cash Flow

$2.96M

Previous: -$21.8M+113.6%
Net Income

$3.12M

Previous: -$21.5M+114.5%
Operating Income

-$20.2M

Previous: -$16.6M-21.8%
Gross Profit

$6.45M

Previous: $1.79M+260.3%
Cash & Equivalents

$209M

Previous: $48.2M+334.8%
Total Assets

$243M

Previous: $72.9M+233.6%
Stock-Based Comp

$3.09M

Previous: $1.67M+85.3%

Revenue & EPS history

Ocular Therapeutix · Revenue · Quarterly

$7.34M

Q1 2021+181.4%vs Q1 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Ocular Therapeutix · $6.7M total across 1 segment · Q1 2021

  • Product Revenue
    $6.7M+219.0%

Forward guidance

The Company believes that existing cash and cash equivalents, as of March 31, 2021, will enable the Company to fund planned operating expenses, debt service obligations and capital expenditure requirements through 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 Q1 2021

Historical avgQ1 2021

-2.3%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+5.2%

Avg return

30 days after

33%

14 / 43 earnings

Positive

+24.0%

Q3 2016

Best reaction

-20.4%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.7%-1.2%-10.0%
Q3 2025-4.4%-4.9%+8.9%
Q1 2025-12.4%-19.8%-4.8%
Q4 2024+9.6%+27.3%+18.1%
Q3 2024-13.6%-15.8%-18.0%
Q2 2024+1.8%+1.3%+6.3%
Q1 2024-0.9%-2.4%-10.3%
Q4 2023-6.9%-5.2%-20.7%
Q3 2023-10.7%-23.7%+34.8%
Q2 2023-13.7%-3.5%-13.7%
Q1 2023+4.8%-0.6%+18.6%
Q4 2022-0.6%-17.6%-16.8%
Q3 2022-9.7%-6.6%-20.0%
Q2 2022-1.0%+10.5%+18.5%
Q1 2022-4.3%-5.5%+12.4%
Q4 2021-0.4%-10.7%-8.5%
Q3 2021+9.5%+0.0%-2.9%
Q2 2021+4.4%+2.2%+1.6%
Q1 2021-5.1%-9.4%-13.3%
Q4 2020+6.0%-2.1%-16.0%
Q3 2020+6.6%+11.1%+68.8%
Q2 2020+0.0%-2.6%-8.7%
Q1 2020-1.7%-4.8%+9.0%
Q4 2019-11.4%+47.3%+1.5%
Q3 2019-5.5%-4.4%+38.2%
Q2 2019-9.5%-6.9%-5.6%
Q1 2019-4.6%-1.6%-9.0%
Q4 2018-0.2%+1.4%+3.3%
Q3 2018+8.0%+1.0%+11.1%
Q2 2018+8.7%+14.5%+23.2%
Q1 2018+0.3%+6.4%+7.7%
Q4 2017-0.8%+6.4%+2.7%
Q3 2017-13.7%-12.1%-34.4%
Q2 2017-4.3%-1.5%+13.9%
Q1 2017-11.3%-9.9%+20.9%
Q4 2016-1.6%+0.5%-5.6%
Q3 2016+24.0%+42.9%+77.3%
Q2 2016-4.4%+11.0%+18.3%
Q1 2016-8.0%
Q4 2015+2.4%
Q3 2015-20.4%
Q2 2015-12.2%
Q1 2015
Q3 2014+5.6%
Q1 2014
Q4 2014
Q3 2013
Q2 2013
Q1 2013

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro