NASDAQ$RMTI

Rockwell Medical Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced second quarter 2022 results, including revenue of $18.7 million, a 16% increase over the first quarter 2022, and gross profit of $1.7 million compared to gross loss of $786,000 in the first quarter 2022.

Rockwell Medical announced its second quarter 2022 results, reporting revenue of $18.7 million, a 24% increase year-over-year. The company achieved a gross profit of $1.7 million compared to a gross loss in the previous quarter and raised $30 million in financing.

  • Revenue for the second quarter 2022 was $18.7 million, a 24% increase year-over-year.
  • Gross profit for the second quarter 2022 was $1.7 million, compared to a gross loss in the first quarter of 2022.
  • Cash used in operating activities decreased by 40% quarter-over-quarter to $5.8 million.
  • The company completed a $30 million financing round and stabilized the business.

Headline financials

Total Revenue

$18.7M

Previous: $15.1M+23.4%
EPS (adj)

-$0.56

Previous: -$0.99+43.4%
Capital Expenditures

-$80K

Previous: -$281K+71.5%
Free Cash Flow

-$5.05M

Previous: -$8.68M+41.9%
Net Income

-$4.97M

Previous: -$8.4M+40.9%
Operating Income

-$4.48M

Previous: -$7.82M+42.7%
Gross Profit

$1.75M

Previous: -$262K+766.0%
Cash & Equivalents

$30.8M

Previous: $32.4M-4.9%
Total Assets

$59.1M

Previous: $63.7M-7.2%
Stock-Based Comp

$97K

Previous: $433K-77.6%

Revenue & EPS history

Rockwell Medical · Revenue · Quarterly

$18.7M

Q2 2022+23.4%vs Q2 2021
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Forward guidance

Rockwell's focus will be to drive profitability, assess strategic priorities and capital structure, and develop FPC programs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-3.1%

Avg return

Earnings day

-3.3%

Avg return

5 days after

-3.0%

Avg return

30 days after

38%

24 / 63 earnings

Positive

+28.2%

Q3 2022

Best reaction

-43.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-13.0%-11.3%
Q1 2026-3.6%+2.8%-18.2%
Q3 2025-9.2%-17.1%-12.4%
Q1 2025-6.4%-9.8%-11.6%
Q4 2024-20.5%-31.8%-41.5%
Q3 2024-43.4%-49.2%-55.5%
Q2 2024+22.6%+35.6%+68.4%
Q1 2024+0.6%+4.1%+8.2%
Q4 2023+3.6%+0.0%-12.1%
Q3 2023+12.2%+5.1%-11.2%
Q2 2023-7.4%-25.8%-28.5%
Q1 2023-4.5%-3.7%+71.8%
Q4 2022+14.6%+18.4%+74.7%
Q3 2022+28.2%+19.4%+0.0%
Q2 2022+12.0%+7.1%-14.1%
Q1 2022+3.0%-17.3%-34.7%
Q4 2021-13.6%-11.4%-27.3%
Q3 2021-7.7%-7.7%-21.2%
Q2 2021-6.2%-10.8%-4.6%
Q1 2021-2.2%-4.3%+0.0%
Q4 2020+4.5%-1.8%-13.5%
Q3 2020+1.1%+5.6%+33.7%
Q2 2020+4.2%+0.0%-26.3%
Q1 2020-4.7%-12.9%-9.0%
Q4 2019-42.7%-25.0%-22.6%
Q3 2019+5.4%+12.4%+23.7%
Q2 2019-5.6%+2.0%+9.3%
Q1 2019-7.5%-11.9%-25.6%
Q4 2018+3.0%+23.9%+4.7%
Q3 2018+8.9%+12.3%-16.2%
Q2 2018-15.5%-12.4%-13.6%
Q1 2018-2.5%+5.8%-8.8%
Q4 2017-17.5%-18.3%-14.1%
Q3 2017+9.6%+11.6%+3.4%
Q2 2017-4.2%-1.5%-5.4%
Q1 2017-1.2%-9.1%+9.3%
Q4 2016+10.0%+10.2%+10.6%
Q3 2016-20.5%-3.5%+27.3%
Q2 2016-8.9%-8.1%-10.2%
Q1 2016+19.7%
Q4 2015-36.8%
Q3 2015-10.5%
Q2 2015+11.5%
Q1 2015+12.9%
Q4 2014-6.6%
Q3 2014+5.7%
Q2 2014+0.1%
Q1 2014-8.5%
Q3 2013-0.8%
Q2 2013+0.6%
Q1 2013-7.6%
Q4 2012-19.9%
Q3 2012-3.3%
Q2 2012-6.4%
Q1 2011-0.2%
Q1 2012+1.0%
Q4 2011-4.4%
Q3 2011-9.3%
Q3 2010-9.3%
Q2 2011-0.1%
Q2 2010-0.1%
Q4 2010-1.4%
Q1 2010+3.4%

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