NASDAQ$PLSE

Pulse Biosciences Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Pulse Biosciences reported preliminary financial results for Q2 2024 and business updates.

Pulse Biosciences announced business updates and preliminary financial results for the second quarter ended June 30, 2024. Key milestones included completing the first soft tissue ablation procedures in the U.S., the first epicardial ablations in Europe, and expanding enrollment of the endocardial ablation study. Total GAAP costs and expenses were $11.7 million, while non-GAAP costs and expenses were $9.4 million. Cash and cash equivalents totaled $26.2 million as of June 30, 2024, not including $60 million in proceeds from a rights offering that closed in July 2024.

  • Completed first soft tissue ablation procedures in the U.S.
  • Completed first epicardial ablations in Europe.
  • Expanded enrollment of the endocardial ablation study.
  • Cash and cash equivalents totaled $26.2 million as of June 30, 2024, excluding $60 million from a rights offering.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS

-$0.20

Previous: -$0.19-5.3%
Stock-based compensation expense

$2.05M

No prior period
Capital Expenditures

-$34K

Previous: -$55K+38.2%
Free Cash Flow

-$11.4M

Previous: -$9.97M-14.6%
Net Income

-$11.4M

Previous: -$9.91M-14.9%
Operating Income

-$11.7M

Previous: -$10.2M-14.7%
R&D Expense

$7.23M

No prior period
Stock-Based Comp

$2.05M

Previous: $1.14M+79.5%

Revenue & EPS history

Pulse Biosciences · Revenue · Quarterly

$0

Q2 2024
Beat estimate in 1 of 6 quarters(17%)
ActualEstimate

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 2024

Historical avgQ2 2024

-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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