NASDAQ$OTLK

Outlook Therapeutics Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Outlook Therapeutics reported a net loss and focused on pre-commercial launch activities for ONS-5010.

Outlook Therapeutics reported its fiscal second quarter results, highlighting the submission of the BLA for ONS-5010 and ongoing pre-commercial launch activities. The company reported a net loss of $19.7 million, or $0.09 per share, and had cash and cash equivalents of $58.4 million as of March 31, 2022.

  • Submitted BLA for ONS-5010.
  • Ramping up pre-commercial launch activities.
  • Building commercial team and engaging with partners and payors.
  • Expects to submit registration documents in Europe in Q4 2022.

Headline financials

EPS (adj)

-$1.80

Previous: -$1.80+0.0%
Net Income

-$19.7M

Previous: -$13.1M-50.4%
Operating Income

-$18.9M

Previous: -$12.6M-49.8%
Cash & Equivalents

$58.4M

Previous: $37.2M+57.0%
Total Assets

$67.7M

Previous: $45.1M+50.0%
Stock-Based Comp

$3.76M

Previous: $1.13M+233.1%

Revenue & EPS history

Outlook Therapeutics · Revenue · Quarterly

$127K

Q2 2026
Beat estimate in 0 of 3 quarters(0%)
ActualEstimate

Forward guidance

Outlook Therapeutics is focused on obtaining FDA approval for ONS-5010, planning for commercial launch, and exploring strategic partnerships. The company believes it is in a strong financial position and is taking steps to extend the maturity of its unsecured notes.

Tailwinds

  • Potential FDA approval of ONS-5010 in early 2023
  • Plans to submit a supplementary application (sBLA) for approval to provide the product in a pre-filled, silicone oil-liquid free syringe
  • Building best-in-class partnerships with FUJIFILM Diosynth Biotechnologies and Aji Biopharma Services
  • Exploring potential strategic commercialization partners
  • Plans to continue using ATM program for capital

Headwinds

  • Uncertainty of future impacts related to the ongoing COVID-19 pandemic
  • Risks associated with developing pharmaceutical product candidates
  • Risks of conducting clinical trials
  • Risks in obtaining necessary regulatory approvals
  • Cash and cash equivalents on hand are expected to provide funding into the first calendar quarter of 2023.

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

+5.1%

Avg return

Earnings day

+6.9%

Avg return

5 days after

-0.7%

Avg return

30 days after

61%

25 / 41 earnings

Positive

+48.5%

Q2 2019

Best reaction

-14.6%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+1.3%-0.9%
Q1 2026-13.9%-15.7%-31.4%
Q4 2025-2.9%-11.6%-73.6%
Q3 2025+14.1%+23.5%-51.2%
Q2 2025+1.2%+9.9%-0.6%
Q1 2025+1.6%-7.9%-14.7%
Q4 2024+9.4%+11.2%+17.1%
Q3 2024-0.9%-7.6%-16.5%
Q2 2024-0.9%+7.4%+3.6%
Q1 2024+21.2%+13.0%+3.0%
Q4 2023+4.2%+8.2%-18.5%
Q3 2023-3.1%-16.9%-85.3%
Q2 2023+3.5%+16.5%+46.1%
Q1 2023-3.3%-7.5%-15.8%
Q4 2022+6.9%+4.0%+15.8%
Q3 2022-3.4%+5.9%-4.2%
Q2 2022+7.4%+2.7%-37.1%
Q1 2022+3.7%+8.1%+36.3%
Q4 2021-4.2%-1.4%-14.6%
Q3 2021-14.6%-16.2%-1.6%
Q2 2021+16.0%+21.2%+34.1%
Q1 2021-0.4%-4.0%-9.5%
Q4 2020+1.3%-4.6%-13.1%
Q3 2020+5.2%+14.2%-54.5%
Q2 2020+1.9%-1.9%+40.4%
Q1 2020+0.0%-1.1%-35.1%
Q4 2019-1.7%-53.0%-11.1%
Q3 2019-4.2%-8.9%-17.8%
Q2 2019+48.5%+191.3%+125.2%
Q1 2019+28.2%+28.2%-5.8%
Q4 2018+24.5%+42.9%+34.7%
Q3 2018+1.2%-8.8%+0.0%
Q2 2018+2.7%+1.1%-13.3%
Q1 2018+4.3%+3.5%-19.0%
Q4 2017+0.0%-7.9%-4.8%
Q3 2017+0.5%+3.0%+77.8%
Q2 2017-8.7%-34.1%-24.5%
Q1 2017+10.6%+2.1%-1.2%
Q4 2016+28.6%+40.3%+59.8%
Q2 2016+28.6%+40.3%+59.8%
Q3 2016-3.9%-5.3%-8.1%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2014

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