NASDAQ$OMER

Omeros Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Omeros reported a net loss for Q3 2022 and provided updates on its clinical development programs and regulatory activities.

Omeros Corporation reported a net loss of $17.5 million for the third quarter of 2022. The company earned royalties of $16.5 million on net sales of OMIDRIA and sold an interest in a portion of future OMIDRIA royalty receivables for $125.0 million. The FDA denied the company's appeal regarding the biologics license application for narsoplimab in TA-TMA.

  • Omeros earned $16.5 million in royalties from OMIDRIA sales in Q3 2022.
  • Net loss for Q3 2022 was $17.5 million, or $0.28 per share.
  • Omeros sold an interest in future OMIDRIA royalty receivables for $125.0 million.
  • FDA denied the appeal of the complete response letter for narsoplimab in TA-TMA but proposed a path forward for resubmission.

Headline financials

Total Revenue

$432K

Previous: $30M-98.6%
EPS (adj)

-$0.28

Previous: -$0.36+22.2%
Capital Expenditures

-$100K

Previous: -$203K+50.7%
Free Cash Flow

-$17.6M

Previous: -$22.9M+23.4%
Net Income

-$17.5M

Previous: -$22.7M+23.1%
Operating Income

-$50.8M

Previous: -$18.3M-178.1%
Gross Profit

$432K

Previous: $29.7M-98.5%
Cash & Equivalents

$146M

Previous: $7.42M+1862.7%
Total Assets

$458M

Previous: $123M+270.7%
Stock-Based Comp

$3.84M

Previous: $5.69M-32.5%

Revenue & EPS history

Omeros · Revenue · Quarterly

$432K

Q3 2022-98.6%vs Q3 2021
Beat estimate in 1 of 4 quarters(25%)
ActualEstimate

Revenue by segment

Omeros · $31.9M total across 1 segment · Q4 2021

  • OMIDRIA royalties
    $31.9M

Forward guidance

Omeros anticipates data from clinical trials and is assessing potential next steps for narsoplimab approval, while also expecting news from other programs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+2.3%

Avg return

Earnings day

+4.9%

Avg return

5 days after

+9.4%

Avg return

30 days after

42%

27 / 64 earnings

Positive

+64.2%

Q4 2019

Best reaction

-21.2%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.5%-20.8%
Q4 2025+7.5%+3.1%+42.6%
Q3 2025+26.3%+30.9%+61.6%
Q1 2025-18.7%-21.3%-13.9%
Q4 2024-3.8%-14.1%-14.6%
Q3 2024+63.1%+39.0%+79.1%
Q2 2024-10.5%-2.1%-16.7%
Q1 2024-21.2%-21.4%-3.3%
Q4 2023-11.6%-0.6%-1.4%
Q3 2023-3.8%+14.6%+97.7%
Q2 2023-1.2%-6.1%-20.7%
Q1 2023+21.2%+14.2%+51.4%
Q4 2022+15.6%+8.6%+72.1%
Q3 2022-16.9%-10.9%-35.6%
Q2 2022+10.5%+5.6%-19.4%
Q1 2022-5.4%+15.9%-22.5%
Q4 2021-5.1%-11.2%-16.5%
Q3 2021+7.6%+10.1%+6.3%
Q2 2021+1.5%+4.4%+5.3%
Q1 2021+3.8%+2.5%-9.6%
Q4 2020+1.2%-7.3%-10.7%
Q3 2020+6.1%+11.3%+37.0%
Q2 2020+12.5%-4.0%-22.2%
Q1 2020-6.2%-12.0%-2.2%
Q4 2019+64.2%+51.8%+8.7%
Q3 2019+2.2%-3.9%-3.9%
Q2 2019+14.7%+20.6%+14.4%
Q1 2019+5.1%+0.9%-8.3%
Q4 2018+12.5%+9.2%+20.5%
Q3 2018-20.3%-22.2%-14.2%
Q2 2018-18.0%-4.7%+16.9%
Q1 2018+18.0%+45.0%+8.7%
Q4 2017-0.9%-0.1%+10.6%
Q3 2017+27.5%+33.1%+37.5%
Q2 2017+12.4%+5.9%-6.8%
Q1 2017-7.7%-6.4%-4.7%
Q4 2016-7.9%-2.9%+34.7%
Q3 2016+28.7%+45.8%+9.4%
Q2 2016+3.0%-7.9%-8.9%
Q1 2016-15.0%
Q4 2015+24.7%
Q3 2015-1.3%
Q2 2015-3.1%
Q1 2015+4.8%
Q4 2014-6.2%
Q3 2014+9.7%
Q2 2014-5.7%
Q1 2014-6.9%
Q4 2013-11.7%
Q3 2013-5.6%
Q2 2013-7.2%
Q1 2013+17.5%
Q4 2012-3.7%
Q3 2012-17.1%
Q2 2012-2.2%
Q1 2012-0.6%
Q4 2011-3.5%
Q3 2011-2.0%
Q2 2011+3.0%
Q1 2011-0.8%
Q4 2010-3.8%
Q3 2010-3.2%
Q2 2010-12.3%
Q1 2010-3.2%

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