NASDAQ$PLSE

Pulse Biosciences Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Pulse Biosciences reported financial results for Q2 2020.

Pulse Biosciences reported a net loss of $11.3 million for the second quarter of 2020. The company's cash, cash equivalents and investments totaled $37.8 million as of June 30, 2020, compared to $15.9 million as of March 31, 2020. The $30.0 million rights offering generated $29.5 million of net proceeds.

  • Completed CellFX System GLP preclinical study treatments for FDA 510(k) submission.
  • Conducted a formal Pre-Submission meeting with the FDA for CellFX System indication expansion.
  • Submitted the CellFX System technical file to its European notified body in pursuit of the CE mark.
  • Strengthened balance sheet with the completion of a substantially oversubscribed rights offering.

Headline financials

Total Revenue

$21K

Previous: $290K-92.8%
EPS (adj)

-$0.53

Previous: -$0.55+3.6%
Stock-based compensation expense

$2.41M

No prior period
Capital Expenditures

-$100K

Previous: -$112K+10.7%
Free Cash Flow

-$11.4M

Previous: -$11.5M+0.3%
Net Income

-$11.3M

Previous: -$11.4M+0.2%
Operating Income

-$11.3M

Previous: -$11.4M+0.2%
Gross Profit

$21K

Previous: $290K-92.8%
Cash & Equivalents

$37.8M

No prior period
Total Assets

$58.4M

No prior period

Revenue & EPS history

Pulse Biosciences · Revenue · Quarterly

$21K

Q2 2020-92.8%vs Q2 2019
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

Pulse Biosciences' operations in the second quarter of 2020 experienced minimal impacts as a result of the COVID-19 pandemic. Product development and regulatory timelines have not been materially affected at this time but due to the uncertain scope and duration of the pandemic, we cannot reasonably estimate the future impact to our operations and financial 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 Q2 2020

Historical avgQ2 2020

-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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