NASDAQ$OPRX

OptimizeRx Corporation · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

OptimizeRx reported Q3 2022 financial results, with a focus on growth in Real World Evidence (RWE) solutions and reiteration of full-year financial outlook.

OptimizeRx reported its Q3 2022 financial results, highlighting momentum in Real World Evidence (RWE) solutions. The company reiterated its full-year financial outlook for net revenue between $62 million and $68 million and gross margins between 59% and 62%.

  • OptimizeRx is seeing significant momentum off the mid-year trough.
  • The company is gaining traction across its business, particularly with Real World Evidence (RWE) solutions.
  • OptimizeRx believes executing on RWE opportunities could position them to grow topline by over 20% next year.
  • The company reiterated its full-year financial outlook for 2022 for net revenue to be between $62 million and $68 million and gross margins to be between 59% and 62%.

Headline financials

Total Revenue

$15.1M

Previous: $16.1M-6.4%
EPS (adj)

$0.07

Previous: $0.09-22.2%
Capital Expenditures

-$64.7K

Previous: -$62.6K-3.4%
Free Cash Flow

-$3.53M

Previous: -$22.7K-15477.0%
Net Income

-$3.47M

Previous: $39.9K-8790.0%
Operating Income

-$3.76M

Previous: $38.2K-9937.0%
Gross Profit

$9.42M

Previous: $9.08M+3.8%
Cash & Equivalents

$41.3M

Previous: $85.1M-51.4%
Total Assets

$136M

Previous: $135M+0.9%
Stock-Based Comp

$4.28M

Previous: $1.01M+324.3%

Revenue & EPS history

OptimizeRx · Revenue · Quarterly

$15.1M

Q3 2022-6.4%vs Q3 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

OptimizeRx reiterated its full year 2022 financial outlook.

Tailwinds

  • Net revenue to be between $62 million and $68 million.
  • Year-over-year growth of 1% to 11%, respectively.
  • 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 Q3 2022

Historical avgQ3 2022

+1.3%

Avg return

Earnings day

+4.5%

Avg return

5 days after

+5.6%

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%-17.5%
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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