NASDAQ$PLSE

Pulse Biosciences Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Pulse Biosciences reported financial results for Q1 2023 and provided business updates.

Pulse Biosciences reported a GAAP net loss of $9.8 million for the first quarter of 2023, compared to a $17.3 million loss in the prior year period. Cash and cash equivalents totaled $54.1 million as of March 31, 2023. The company advanced its preclinical and regulatory objectives for its two novel nsPFA devices.

  • Advanced preclinical and regulatory objectives for surgical ablation clamp and cardiac ablation catheter.
  • Preclinical evidence continues to demonstrate differentiated benefits of nsPFA.
  • Expanded leadership team with the appointment of Chief Medical Officer, Dr. Gan Dunnington.
  • Total GAAP cost and expenses were $9.6 million, compared to $17.7 million for the prior year period.

Headline financials

Total Revenue

$0.00

Previous: $444K-100.0%
EPS (adj)

-$0.23

Previous: -$0.47+51.1%
Capital Expenditures

-$39K

Previous: -$279K+86.0%
Free Cash Flow

-$9.84M

Previous: -$17.6M+43.9%
Net Income

-$9.8M

Previous: -$17.3M+43.3%
Operating Income

-$9.56M

Previous: -$17.3M+44.6%
Gross Profit

$0.00

Previous: -$465K+100.0%
Cash & Equivalents

$54.1M

Previous: $12.7M+326.8%
Total Assets

$70.2M

Previous: $39.5M+77.6%
Stock-Based Comp

$896K

Previous: $2.01M-55.4%

Revenue & EPS history

Pulse Biosciences · Revenue · Quarterly

$0

Q1 2023-100%vs Q1 2022
Beat estimate in 1 of 6 quarters(17%)
ActualEstimate

Forward guidance

Pulse Biosciences is focused on the development of its nsPFA technology for use in electrophysiology and the treatment of atrial fibrillation.

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 2023

Historical avgQ1 2023

-0.0%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+9.3%

Avg return

30 days after

49%

19 / 39 earnings

Positive

+33.9%

Q4 2022

Best reaction

-36.5%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.6%-4.6%+34.5%
Q4 2025-14.4%-23.4%-11.9%
Q3 2025-1.2%-6.1%-20.0%
Q1 2025+1.4%-3.3%+1.5%
Q4 2024+6.0%+6.8%+14.4%
Q3 2024+2.3%-10.9%+25.6%
Q2 2024+8.1%+21.5%+9.5%
Q1 2024-10.7%-3.6%+88.2%
Q4 2023-4.9%-8.5%-14.4%
Q3 2023+12.8%+18.6%+95.5%
Q2 2023-0.4%+9.2%-35.3%
Q1 2023-2.5%-4.6%-16.0%
Q4 2022+33.9%+57.4%+156.6%
Q3 2022+10.9%+12.5%+57.1%
Q2 2022+8.7%+10.6%+1.2%
Q1 2022-36.5%-7.7%-3.9%
Q4 2021-28.4%-25.0%-49.6%
Q3 2021-0.2%-1.5%-21.4%
Q2 2021+7.9%-2.1%+2.1%
Q1 2021+4.8%+1.7%+3.6%
Q4 2020-9.2%-17.5%-35.1%
Q3 2020+15.9%+22.3%+40.5%
Q2 2020-6.4%-6.1%-15.0%
Q1 2020+18.8%-1.7%-27.2%
Q4 2019+21.1%+5.2%+14.6%
Q3 2019-3.5%-2.8%-1.7%
Q2 2019-2.5%+4.6%+16.1%
Q1 2019-32.5%-22.1%-26.8%
Q4 2018+4.0%+11.3%+9.4%
Q3 2018+22.7%+32.7%+17.3%
Q2 2018-0.9%-6.7%+4.1%
Q1 2018-14.7%-25.1%-12.4%
Q4 2017+0.1%+1.8%+38.5%
Q3 2017+9.1%+18.0%-11.0%
Q2 2017-16.6%-11.6%-25.2%
Q1 2017-9.5%-14.7%+24.9%
Q4 2016+6.4%+18.7%+12.7%
Q3 2016+0.0%-0.7%-10.6%
Q2 2016+1.5%+2.2%+31.3%
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014

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