NASDAQ$SCPH

scPharmaceuticals Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

scPharmaceuticals reported first quarter 2020 financial results and provided a business update.

scPharmaceuticals reported a net loss of $7.1 million for the first quarter of 2020. They ended the quarter with $75.5 million in cash, cash equivalents, and restricted cash. The company is adjusting its prior forecasted 2020 loss to be in the range of $36.0 to $40.0 million for the fiscal year.

  • Remain on track to resubmit the FUROSCIX NDA with the FDA by mid-year 2020.
  • Device validation and drug stability testing remain on track to be completed prior to the resubmission of the FUROSCIX NDA.
  • Completed a third-party market research study as part of pre-commercialization preparation, supporting the opportunity for FUROSCIX to provide IV-level diuresis in outpatient settings.
  • Ended the first quarter with $75.5 million in cash, cash equivalents, and restricted cash.

Headline financials

EPS (adj)

-$0.35

Previous: -$0.47+25.5%
Net Income

-$7.1M

No prior period
Operating Income

-$6.65M

No prior period
Cash & Equivalents

$75.5M

No prior period
Total Assets

$80.5M

No prior period

Revenue & EPS history

scPharmaceuticals · Revenue · Quarterly

$16M

Q2 2025+99.2%vs Q2 2024
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Revenue by segment

scPharmaceuticals · $3.8M total across 1 segment · Q3 2023

  • FUROSCIX
    $3.8M

Forward guidance

Based on the Company’s current operating plan and variation of quarterly expenses, scPharmaceuticals is adjusting its prior forecasted 2020 loss of $9.0 to $11.0 million per quarter. The Company expects the loss for 2020 to be lower than prior guidance and in the range of $36.0 to $40.0 million for the fiscal year.

Historical earnings impact

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

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

+3.8%

Avg return

Earnings day

+5.8%

Avg return

5 days after

+7.1%

Avg return

30 days after

52%

16 / 31 earnings

Positive

+52.7%

Q4 2019

Best reaction

-14.5%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025-7.4%-4.6%+11.6%
Q1 2025+27.4%+45.1%+74.8%
Q4 2024-1.0%-1.3%-15.5%
Q3 2024-14.5%-14.8%-18.6%
Q2 2024+2.6%+3.7%+11.8%
Q1 2024+5.1%+10.6%-6.9%
Q4 2023-1.1%+2.2%-7.8%
Q3 2023-8.4%
Q2 2023+0.0%
Q1 2023-0.6%
Q4 2022+25.0%
Q3 2022+7.3%
Q2 2022+8.6%
Q1 2022+7.7%
Q4 2021+7.0%
Q3 2021-10.1%
Q2 2021+4.9%
Q1 2021-5.3%
Q4 2020-6.6%
Q3 2020+2.0%
Q2 2020+0.0%
Q1 2020-4.0%
Q4 2019+52.7%
Q3 2019-5.4%
Q2 2019+10.1%
Q1 2019+0.6%
Q4 2018-4.8%
Q3 2018+1.2%
Q2 2018+2.9%
Q1 2018+29.2%
Q4 2017-6.7%
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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