NASDAQ$SCPH

scPharmaceuticals Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

scPharmaceuticals reported a net loss for Q3 2020 and continued commercialization preparedness activities for FUROSCIX ahead of the PDUFA date.

scPharmaceuticals reported a net loss of $9.0 million for the third quarter of 2020. The company is actively engaged with the FDA in their ongoing review of the FUROSCIX NDA and enrolled the first patient in the FREEDOM-HF study.

  • Continued FUROSCIX commercialization preparedness activities in advance of the company’s December 30, 2020 PDUFA target action date.
  • Submitted 12-month drug stability data to the U.S. Food and Drug Administration (FDA).
  • Enrolled the first patient in FREEDOM-HF, a prospective Phase 3 clinical trial evaluating costs for subjects treated with FUROSCIX.
  • Ended the third quarter with cash, cash equivalents, restricted cash and investments of $114.5 million.

Headline financials

EPS (adj)

-$0.33

Previous: -$0.33+0.0%
Net Income

-$9M

No prior period
Operating Income

-$8.44M

No prior period
Cash & Equivalents

$115M

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

The Company expects the net loss for 2020 to be lower than prior guidance and in the range of $34.0 to $37.0 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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