NASDAQ$PLSE

Pulse Biosciences Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced financial results, reporting no revenue due to discontinuation of commercial dermatology activity and reduced cash usage.

Pulse Biosciences reported no revenue for Q4 2022 due to the discontinuation of commercial dermatology activity. The company reduced its cash usage and is focusing on advancing its nsPFA technology for electrophysiology and atrial fibrillation treatment.

  • Advanced development of the nsPFA cardiac ablation catheter system intending to pursue a first-in-human safety feasibility study.
  • AF Symposium poster presentation demonstrated the ability of the Company’s nsPFA catheter system to perform cardiac ablation and mapping with a single catheter in preclinical studies.
  • Reduced fourth quarter 2022 cash usage to $8.0 million dollars, a reduction of $2.6 million compared to the third quarter of 2022 and in-line with prior guidance.
  • Cash on hand is expected to be sufficient to fund planned operations into the third quarter of 2024.

Headline financials

Total Revenue

-$9K

Previous: $844K-101.1%
EPS (adj)

-$0.22

Previous: -$0.52+57.7%
Capital Expenditures

$41K

Previous: $134K-69.4%
Free Cash Flow

-$8.01M

Previous: -$12.8M+37.6%
Net Income

-$9.2M

Previous: -$15.4M+40.3%
Operating Income

-$8.7M

Previous: -$15.4M+43.5%
Gross Profit

-$1.3M

Previous: -$397K-227.5%
Cash & Equivalents

$61.1M

Previous: $28.6M+113.5%
Total Assets

$77.9M

Previous: $59.2M+31.7%
Stock-Based Comp

$748K

Previous: $3.61M-79.3%

Revenue & EPS history

Pulse Biosciences · Revenue · Quarterly

-$9K

Q4 2022-101.1%vs Q4 2021
Beat estimate in 1 of 6 quarters(17%)
ActualEstimate

Forward guidance

Pulse Biosciences will remain focused on advancing the development and regulatory progress for both devices in 2023.

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 Q4 2022

Historical avgQ4 2022

-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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