NASDAQ$TLPH

AcelRx Pharmaceuticals Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

AcelRx reported second quarter 2021 financial results.

AcelRx Pharmaceuticals reported a net revenue of $0.4 million and a net loss of $9.9 million, or $0.08 per share for the second quarter of 2021. The company's cash and short-term investments balance was $55.3 million as of June 30, 2021. DSUVIA sales increased by 117% compared to Q1 2021.

  • DSUVIA sales increased by 117% compared to Q1 2021.
  • Entered into an agreement with Laboratoire Aguettant for DZUVEO commercialization in Europe, with potential for $55 million in milestone payments.
  • USAMMDA publicly communicated their support of DSUVIA for battlefield pain management.
  • Reached agreement with the FDA on corrective actions regarding a warning letter about DSUVIA promotional materials.

Headline financials

Total Revenue

$443K

Previous: $2.92M-84.8%
EPS (adj)

-$1.60

Previous: -$1.60+0.0%
Capital Expenditures

-$1.62M

Previous: -$170K-850.0%
Free Cash Flow

-$11.5M

Previous: -$6.78M-69.2%
Net Income

-$9.85M

Previous: -$6.61M-49.1%
Operating Income

-$10M

Previous: -$6.83M-46.5%
Gross Profit

-$597K

Previous: $1.55M-138.4%
Cash & Equivalents

$26.3M

Previous: $21.8M+20.8%
Total Assets

$79.6M

Previous: $67.4M+18.1%
Stock-Based Comp

$1.17M

No prior period

Revenue & EPS history

AcelRx · Revenue · Quarterly

$443K

Q2 2021-84.8%vs Q2 2020
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Forward guidance

AcelRx is on track to exceed its guidance of 615 approvals by year end 2021 and plans to file New Drug Applications for two innovative pre-filled syringe product candidates within 12 months.

Tailwinds

  • Continued sales momentum with DSUVIA.
  • Real-world data becoming more widely disseminated.
  • Elective surgery restrictions easing.
  • Commitment to investigator-initiated trials.
  • Business development remains a key priority.

Headwinds

  • Uncertainties inherent in investigator-initiated studies.
  • Possible material differences in actual results.
  • Risks and uncertainties described in AcelRx’s reports filed with the SEC.
  • Do not place undue reliance on any forward-looking statements.
  • Financial information is in summary form only.

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 2021

Historical avgQ2 2021

-2.7%

Avg return

Earnings day

-3.4%

Avg return

5 days after

+1.1%

Avg return

30 days after

32%

20 / 62 earnings

Positive

+23.5%

Q4 2017

Best reaction

-46.9%

Q4 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.7%-7.0%
Q3 2025-18.6%+3.9%-7.8%
Q2 2025+0.0%+14.0%+118.6%
Q1 2025-3.9%+2.0%-3.9%
Q4 2024+6.0%+2.0%+2.0%
Q3 2024-2.2%-25.3%-28.6%
Q2 2024-5.5%+2.2%-1.1%
Q1 2024-1.0%+4.9%-4.9%
Q4 2025+0.0%-1.9%+1.9%
Q4 2023+1.6%-12.0%-4.0%
Q3 2023-9.7%-11.5%+40.4%
Q2 2023-7.4%-18.9%-8.4%
Q1 2023+14.5%+14.5%+79.7%
Q4 2022-8.3%-16.7%-6.9%
Q3 2022+22.3%+16.0%+22.3%
Q2 2022+12.5%+33.3%+16.7%
Q1 2022+4.8%+23.8%-4.8%
Q4 2021-22.7%-29.5%-38.6%
Q3 2021-10.1%-8.9%-34.2%
Q2 2021-20.5%-10.3%-12.8%
Q1 2021+11.2%+9.6%+18.3%
Q4 2020-16.2%-21.6%-97.0%
Q3 2020-20.8%-21.3%-16.9%
Q2 2020-7.6%-0.8%-12.9%
Q1 2020-1.3%-9.7%-11.0%
Q4 2019-7.8%-18.4%+25.2%
Q3 2019-1.5%-12.3%-7.9%
Q2 2019-5.8%-7.4%-4.1%
Q1 2019-10.7%-10.1%-34.8%
Q4 2018-9.4%-14.4%-4.4%
Q3 2018+2.9%-14.5%-18.8%
Q2 2018+5.7%+7.5%+17.0%
Q1 2018+0.0%+2.0%+48.0%
Q4 2017+23.5%+26.5%+29.4%
Q3 2017+1.5%-5.1%+7.7%
Q2 2017-24.4%-25.6%-15.4%
Q1 2017-3.7%-7.4%-16.7%
Q4 2016+11.5%+3.3%+3.3%
Q3 2016-3.6%-7.1%+1.8%
Q2 2016+19.8%+17.8%+5.9%
Q1 2016-6.2%
Q4 2015-8.7%
Q3 2015+13.5%
Q2 2015+8.0%
Q1 2015-24.6%
Q4 2014-46.9%
Q3 2014+14.7%
Q2 2014-5.1%
Q1 2014-5.6%
Q4 2013+7.0%
Q3 2013-0.4%
Q2 2013-12.9%
Q1 2013-3.6%
Q4 2012-5.0%
Q3 2012-5.8%
Q2 2012-2.3%
Q1 2012+0.0%
Q4 2011-5.9%
Q3 2011-0.7%
Q2 2011+2.8%
Q1 2011+5.1%
Q4 2010-3.1%
Q3 2010
Q2 2010
Q1 2010

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