NASDAQ$TGTX

TG Therapeutics Inc. · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

TG Therapeutics reported financial results for the second quarter ended June 30, 2020 and recent company developments.

TG Therapeutics announced positive progress in 2020, including the completion of the NDA rolling submission for umbralisib and positive topline data from the UNITY-CLL Phase 3 trial. With a strong cash balance, the company is positioned to execute milestones and transition into a commercial organization.

  • Completed the NDA rolling submission for umbralisib in previously treated Marginal Zone Lymphoma and Follicular Lymphoma.
  • Reported positive topline data from the UNITY-CLL Phase 3 trial.
  • Maintained a healthy balance sheet with over $275 million in cash.
  • Looking forward to reporting topline data from the Phase 3 ULTIMATE program in Multiple Sclerosis.

Headline financials

Total Revenue

$38K

Previous: $38K+0.0%
EPS (adj)

-$0.47

Previous: -$0.42-11.9%
Capital Expenditures

-$113K

Previous: -$32K-253.1%
Free Cash Flow

-$53M

Previous: $36.2M-246.5%
Net Income

-$52.9M

Previous: $36.2M-246.0%
Operating Income

-$50.8M

Previous: $35.5M-243.0%
Gross Profit

$38K

Previous: -$2.76M+101.4%
Cash & Equivalents

$261M

Previous: $57.2M+355.2%
Total Assets

$295M

Previous: $107M+176.4%

Revenue & EPS history

TG Therapeutics · Revenue · Quarterly

$38K

Q2 2020+0%vs Q2 2019
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

TG Therapeutics anticipates an impactful end of year and into 2021, with several key objectives for the remainder of 2020 and early 2021.

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 Q2 2020

Historical avgQ2 2020

+2.7%

Avg return

Earnings day

+5.5%

Avg return

5 days after

+4.1%

Avg return

30 days after

49%

27 / 55 earnings

Positive

+81.0%

Q3 2022

Best reaction

-49.0%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+16.3%+19.4%+11.1%
Q4 2025+4.3%-2.6%+7.0%
Q3 2025-1.0%-7.3%-9.1%
Q1 2025-13.4%-22.6%-14.7%
Q4 2024+14.4%+27.8%+32.3%
Q3 2024-3.9%+7.1%+25.9%
Q2 2024+16.2%+15.7%+24.7%
Q1 2024+20.2%+20.9%+19.3%
Q4 2023+23.8%+28.5%+9.3%
Q3 2023+34.7%+32.6%+78.9%
Q2 2023-49.0%-48.2%-49.4%
Q1 2023+25.5%+38.1%+7.2%
Q4 2022-3.8%+7.8%-8.2%
Q3 2022+81.0%+70.7%+45.7%
Q2 2022+19.4%+33.4%+9.1%
Q1 2022-10.9%+1.4%-24.5%
Q4 2021+4.7%-11.1%-3.6%
Q3 2021+7.9%+5.3%-52.5%
Q2 2021-27.2%-32.8%-15.8%
Q1 2021-6.7%-14.8%-7.2%
Q4 2020-5.0%-3.8%+8.8%
Q3 2020-0.2%+4.4%+5.0%
Q2 2020-12.0%+2.6%+22.3%
Q1 2020+5.9%+2.6%-6.0%
Q4 2019-4.1%-13.6%-32.6%
Q3 2019+1.4%+2.7%+20.6%
Q2 2019+3.3%+0.1%-8.4%
Q1 2019-15.5%-13.4%-8.0%
Q4 2018+0.4%-8.1%+18.2%
Q3 2018+2.5%-1.1%-4.4%
Q2 2018-3.4%-0.4%+0.0%
Q1 2018-3.7%-2.6%+3.7%
Q4 2017+8.5%+10.2%-15.1%
Q3 2017+9.9%+9.3%+12.6%
Q2 2017+1.0%+16.0%+22.0%
Q1 2017+2.5%+11.3%+36.5%
Q4 2016+3.4%+22.5%-10.6%
Q3 2016+1.0%+6.7%-1.9%
Q2 2016-7.6%-0.2%+13.3%
Q1 2016-1.4%
Q4 2015-6.8%
Q3 2015+8.4%
Q2 2015-2.2%
Q1 2015-6.0%
Q3 2014+14.6%
Q1 2012-3.7%
Q2 2012-14.3%
Q4 2011-23.0%
Q3 2011+0.0%
Q2 2011+0.0%
Q1 2011+36.4%
Q4 2010+7.7%
Q3 2010+0.0%
Q2 2010+0.0%
Q1 2010+0.0%

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