NASDAQ$ORGO

Organogenesis Holdings Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Organogenesis reported financial results for the first quarter of 2020.

Organogenesis Holdings Inc. reported an 8% increase in net revenue for the first quarter of 2020, reaching $61.7 million compared to $57.1 million in the first quarter of 2019. The company experienced a net loss of $16.3 million, slightly higher than the $15.7 million loss in the same period last year. The increase in revenue was driven by growth in both Advanced Wound Care and Surgical & Sports Medicine products.

  • Net revenue increased by 8% to $61.7 million compared to Q1 2019.
  • Advanced Wound Care products revenue increased by 7% to $51.3 million.
  • Surgical & Sports Medicine products revenue increased by 13% to $10.4 million.
  • Net loss was $16.3 million, compared to a net loss of $15.7 million for the first quarter of 2019.

Headline financials

Total Revenue

$61.7M

Previous: $57.1M+8.1%
EPS (adj)

-$0.16

Previous: -$0.15-6.7%
Adjusted EBITDA Loss

-$13.1M

Previous: -$9.37M-40.3%
Capital Expenditures

-$4.24M

Previous: -$317K-1238.5%
Free Cash Flow

-$20.6M

Previous: -$16M-28.6%
Net Income

-$16.3M

Previous: -$15.7M-4.1%
Operating Income

-$15.1M

Previous: -$12.1M-24.4%
Gross Profit

$42.9M

Previous: $40.1M+7.0%
Cash & Equivalents

$46.9M

Previous: $30.6M+53.5%
Total Assets

$208M

Previous: $176M+18.1%
Stock-Based Comp

$209K

No prior period

Revenue & EPS history

Organogenesis · Revenue · Quarterly

$61.7M

Q1 2020+8.1%vs Q1 2019
Beat estimate in 4 of 8 quarters(50%)
ActualEstimate

Revenue by segment

Organogenesis · $61.7M total across 2 segments · Q1 2020

  • Advanced Wound Care
    $51.3M+7.2%
  • Surgical & Sports Medicine
    $10.4M+12.6%

Forward guidance

The Company withdrew its previously announced fiscal year 2020 revenue guidance, originally issued on March 9, 2020, due to the rapidly evolving environment and uncertainty resulting from the impact of the COVID-19 pandemic. Given continued uncertainty, the Company is currently unable to predict the impact that COVID-19 will have on its financial position and operating results.

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 2020

Historical avgQ1 2020

+2.8%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+0.5%

Avg return

30 days after

47%

17 / 36 earnings

Positive

+102.3%

Q4 2024

Best reaction

-42.4%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-6.2%-5.9%
Q4 2025-13.8%-22.4%-38.1%
Q3 2025+44.1%+66.6%+21.9%
Q1 2025-42.4%-43.6%-43.3%
Q4 2024+102.3%+95.8%+46.6%
Q3 2024+26.6%+10.3%+0.9%
Q2 2024+2.0%+6.4%-1.2%
Q1 2024+31.2%+23.2%+19.0%
Q4 2023-16.3%-20.3%-18.6%
Q3 2023+6.8%+22.9%+62.4%
Q2 2023-25.7%-27.0%-31.6%
Q1 2023+29.7%+43.2%+81.1%
Q4 2022+11.0%-2.9%-13.1%
Q3 2022-18.3%-11.5%-17.7%
Q2 2022-25.2%-26.6%-44.0%
Q1 2022+4.6%+9.8%-9.3%
Q4 2021+18.1%+15.6%+2.4%
Q3 2021-6.4%-5.0%-16.1%
Q2 2021+1.9%+2.5%+8.2%
Q1 2021-15.3%-11.3%-28.7%
Q4 2020+3.8%+8.5%+31.4%
Q3 2020+8.2%+5.2%+20.2%
Q2 2020+0.7%+1.5%+3.2%
Q1 2020-9.9%-18.8%+4.2%
Q4 2019-16.2%+11.6%+23.5%
Q3 2019+10.3%+8.8%-36.1%
Q2 2019-4.7%-10.8%+26.5%
Q1 2019-0.4%+1.0%+0.7%
Q4 2018-3.0%-5.3%-16.8%
Q4 2017-3.0%-5.3%-16.8%
Q2 2018+0.3%+0.2%+0.1%
Q1 2018+0.0%+0.4%+0.3%
Q3 2017+0.1%+0.1%-1.0%
Q2 2017+0.0%+0.1%+1.5%
Q1 2017-0.3%-0.3%+0.5%
Q4 2016+0.0%+0.0%+0.0%
Q3 2016
Q2 2016
Q1 2016

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