NASDAQ$OPRX

OptimizeRx Corporation · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

OptimizeRx's Q2 2022 financial performance reflected a 3% revenue increase and strategic platform expansions.

OptimizeRx reported a 3% increase in revenue for Q2 2022, reaching $14.0 million, driven by growth in access solutions. The company experienced a net loss of $3.9 million, or $(0.21) per share, compared to a net income of $0.4 million in the same period last year. They are updating its full year financial outlook for 2022 and now expects net revenue of $62 million to $68 million.

  • Total revenue increased by 3% to approximately $14.0 million compared to the same period in 2021.
  • Gross margin improved to 64% from 59% year-over-year due to a favorable channel partner and solution mix.
  • GAAP net loss was $3.9 million, or $(0.21) per share, compared to a net income of $0.4 million, or $0.02 per share in Q2 2021.
  • Cash and cash equivalents totaled $87.4 million as of June 30, 2022, compared to $84.7 million as of December 31, 2021.

Headline financials

Total Revenue

$14M

Previous: $13.6M+2.6%
EPS (adj)

$0.04

Previous: $0.10-60.0%
Capital Expenditures

-$41.3K

Previous: -$43.7K+5.3%
Free Cash Flow

-$3.93M

Previous: $308K-1372.8%
Net Income

-$3.88M

Previous: $352K-1203.3%
Operating Income

-$3.91M

Previous: $340K-1249.1%
Gross Profit

$8.99M

Previous: $8.04M+11.8%
Cash & Equivalents

$87.4M

Previous: $83.9M+4.1%
Total Assets

$147M

Previous: $132M+12.0%
Stock-Based Comp

$4.03M

Previous: $772K+421.5%

Revenue & EPS history

OptimizeRx · Revenue · Quarterly

$14M

Q2 2022+2.6%vs Q2 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

The Company is updating its full year financial outlook for 2022 and now expects net revenue of $62 million to $68 million, representing year-over-year growth of 1% to 11%, respectively, and gross margins to be between 59% and 62%.

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 Q2 2022

Historical avgQ2 2022

+1.3%

Avg return

Earnings day

+4.5%

Avg return

5 days after

+6.2%

Avg return

30 days after

55%

30 / 55 earnings

Positive

+51.7%

Q4 2024

Best reaction

-34.5%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-22.6%-19.7%
Q4 2025-10.5%-11.4%-12.9%
Q3 2025-17.0%-14.7%-24.8%
Q1 2025+20.7%+24.2%+63.6%
Q4 2024+51.7%+99.8%+96.4%
Q3 2024-30.5%-28.1%-14.6%
Q2 2024+1.2%+4.5%-8.9%
Q1 2024+25.0%+20.4%+5.5%
Q4 2023+13.6%+4.9%+20.1%
Q3 2023+13.9%+7.4%+14.1%
Q2 2023-29.3%-32.6%-38.9%
Q1 2023-6.2%-9.1%+2.6%
Q4 2022-14.2%-25.0%-14.5%
Q3 2022+22.2%+51.4%+28.6%
Q2 2022-34.5%-31.6%-33.4%
Q1 2022-2.9%-17.9%-9.9%
Q4 2021+14.0%+2.4%-5.5%
Q3 2021-8.1%-6.6%-36.8%
Q2 2021+20.9%+16.0%+27.7%
Q1 2021+4.4%-11.1%+2.1%
Q4 2020+0.8%-0.2%-17.4%
Q3 2020+6.9%+13.5%+32.6%
Q2 2020+11.0%+10.2%+21.8%
Q1 2020+11.5%+16.0%+33.6%
Q4 2019-26.0%+3.6%-36.8%
Q3 2019-17.6%-19.5%-30.1%
Q2 2019+2.6%+0.8%+13.9%
Q1 2019+18.5%+22.8%+17.7%
Q4 2018+1.1%-0.2%+22.6%
Q3 2018-4.6%-0.7%-5.7%
Q2 2018+15.9%+23.4%+26.7%
Q1 2018+0.0%+7.1%+32.5%
Q4 2017+0.0%+10.7%+14.5%
Q3 2017+15.4%+25.6%+33.3%
Q2 2017+16.4%+9.1%+15.5%
Q1 2017+10.3%+20.6%+17.6%
Q4 2016-10.6%+7.9%+1.3%
Q3 2016-13.3%+0.0%-14.3%
Q2 2016+0.9%+0.0%-3.5%
Q4 2015+3.2%
Q2 2015-3.2%
Q4 2014+2.3%
Q3 2014-4.3%
Q2 2014+8.3%
Q4 2012+11.2%
Q2 2012+5.4%
Q1 2012-10.4%
Q4 2011+0.0%
Q3 2011-1.9%
Q2 2011+20.0%
Q1 2011-15.2%
Q4 2010+0.0%
Q3 2010+15.0%
Q2 2010-10.7%
Q1 2010+1.6%

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