NASDAQ$PLSE

Pulse Biosciences Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Announced financial results for the third quarter ended September 30, 2023.

Pulse Biosciences reported a GAAP net loss of $10.6 million for the third quarter of 2023, compared to a $18.0 million loss in the same period of the previous year. The company's cash and cash equivalents totaled $50.4 million as of September 30, 2023. They are on track to file a 510(k) submission for clearance for their cardiac ablation clamp and initiate the cardiac ablation catheter first-in-human study between December 2023 and end of first quarter 2024.

  • Advanced cardiac device development with CellFX nsPFA technology demonstrating potential for atrial fibrillation treatment.
  • CellFX nsPFA is demonstrating the ability to safely and effectively treat benign thyroid nodules.
  • Addition of Dr. Niv Ad to the leadership team.
  • On track to file a 510(k) submission for clearance for cardiac ablation clamp and initiate cardiac ablation catheter first-in-human study between December 2023 and end of first quarter 2024.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.15

Previous: -$0.45+66.7%
Capital Expenditures

-$78K

Previous: -$360K+78.3%
Free Cash Flow

-$10.6M

Previous: -$18.4M+42.1%
Net Income

-$10.6M

Previous: -$18M+41.4%
Operating Income

-$11.3M

Previous: -$18M+37.6%
Gross Profit

$0.00

Previous: -$8.4M+100.0%
Cash & Equivalents

$50.4M

Previous: $69.2M-27.1%
Total Assets

$65.9M

Previous: $87.6M-24.7%
R&D Expense

$7.47M

No prior period
Stock-Based Comp

$1.8M

Previous: $723K+148.7%

Revenue & EPS history

Pulse Biosciences · Revenue · Quarterly

$0

Q3 2023
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 Q3 2023

Historical avgQ3 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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