NASDAQ$SUPN

Supernus Pharmaceuticals Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported an 11% increase in first quarter revenue and progress in pipeline development.

Supernus Pharmaceuticals reported a strong first quarter in 2020 with total revenue reaching $95.0 million, an 11% increase compared to 2019. The company is on track for the launch of SPN-812 and is expanding its portfolio through strategic acquisitions and partnerships.

  • Total revenue for the first quarter reached $95.0 million, an 11% increase year-over-year.
  • Net product sales for the first quarter were $92.5 million, also an 11% increase compared to the previous year.
  • Operating earnings for the first quarter totaled $29.0 million, a 14% increase over 2019.
  • The company anticipates launching SPN-812 by the end of 2020, pending FDA approval.

Headline financials

Total Revenue

$95M

Previous: $85.5M+11.1%
EPS (adj)

$0.40

Previous: $0.34+17.6%
Qelbree Total Prescriptions

203.4K

Previous: 199.5K+1.9%
Capital Expenditures

-$2.54M

Previous: -$221K-1048.0%
Free Cash Flow

$19M

Previous: $18.1M+4.8%
Net Income

$21.5M

Previous: $18.3M+17.3%
Operating Income

$29M

Previous: $25.4M+14.1%
Gross Profit

$90.8M

Previous: $81.8M+11.0%
Cash & Equivalents

$226M

Previous: $123M+83.9%
Total Assets

$1.19B

Previous: $1.03B+16.0%
Stock-Based Comp

$3.99M

Previous: $3.29M+21.3%

Revenue & EPS history

Supernus · Revenue · Quarterly

$95M

Q1 2020+11.1%vs Q1 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Supernus · $92.5M total across 2 segments · Q1 2020

  • Trokendi XR
    $68.6M+7.7%
  • Oxtellar XR
    $23.9M+23.2%

Forward guidance

Given the uncertainty caused by the COVID-19 pandemic, the anticipated second quarter acquisition of the CNS portfolio from US WorldMeds and the impact of the partnership with Navitor Pharmaceuticals, the Company is suspending its previously issued full year 2020 financial guidance. The Company expects to update and reinstate full year 2020 guidance no later than the announcement of second quarter 2020 financial results in August.

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 Q1 2020

Historical avgQ1 2020

-0.5%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.1%

Avg return

30 days after

48%

27 / 56 earnings

Positive

+22.3%

Q3 2020

Best reaction

-29.9%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.2%+6.1%-8.1%
Q4 2025+7.9%+0.7%+0.1%
Q3 2025-16.9%-20.4%-19.9%
Q1 2025-4.6%-0.9%+2.2%
Q4 2024-2.7%-3.3%-1.6%
Q3 2024+2.3%+7.7%+9.4%
Q2 2024+14.3%+15.0%+23.1%
Q1 2024-3.7%-4.7%-15.7%
Q4 2023+5.4%+5.1%+15.6%
Q3 2023+9.6%+14.5%+12.8%
Q2 2023-5.3%-1.1%-6.8%
Q1 2023-0.2%-7.2%-3.3%
Q4 2022+3.4%+4.8%-4.5%
Q3 2022-5.9%+0.9%+2.5%
Q2 2022+0.4%-3.1%+7.4%
Q1 2022-6.0%-2.5%+2.7%
Q4 2021-3.1%-8.7%-16.5%
Q3 2021+5.0%+11.6%+1.1%
Q2 2021-1.1%-4.3%+2.1%
Q1 2021-2.7%-2.5%-0.7%
Q4 2020-13.2%-12.1%-11.3%
Q3 2020+22.3%+28.4%+18.5%
Q2 2020-6.0%-12.5%-9.7%
Q1 2020+4.7%+4.3%+7.8%
Q4 2019-18.5%-6.6%-17.7%
Q3 2019-29.9%-23.6%-22.8%
Q2 2019-11.8%-11.5%-14.0%
Q1 2019-7.0%-5.0%-20.3%
Q4 2018+12.8%+2.2%-0.6%
Q3 2018+8.4%+8.6%-2.8%
Q2 2018-8.1%-12.9%-13.6%
Q1 2018+6.3%+26.5%+20.2%
Q4 2017+0.0%+1.9%+17.7%
Q3 2017-13.4%-11.4%-13.3%
Q2 2017+3.1%+4.1%+17.2%
Q1 2017+0.0%+4.2%+28.7%
Q4 2016-2.4%-1.1%+9.5%
Q3 2016+5.1%+10.2%+11.1%
Q2 2016+3.2%+4.0%-0.9%
Q1 2016-5.7%
Q4 2015+7.8%
Q3 2015+6.0%
Q2 2015-8.9%
Q1 2015-7.1%
Q4 2014+11.1%
Q3 2014+4.1%
Q2 2014+7.0%
Q1 2014-3.7%
Q4 2013+9.8%
Q3 2013+9.5%
Q2 2013+6.8%
Q1 2013+10.0%
Q4 2012-22.6%
Q3 2012+2.8%
Q2 2012-0.1%
Q1 2012-5.9%
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro