NASDAQ$TLPH

AcelRx Pharmaceuticals Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported third quarter financial results, highlighted by revenue growth and strategic collaborations.

AcelRx Pharmaceuticals reported a net revenue of $1.4 million for the third quarter of 2020, with product sales contributing $1.3 million, a significant increase from the previous quarter. The company's net loss was $8.9 million, or $0.10 per share. Key achievements included a collaboration with Zimmer Biomet and expansion of DSUVIA's availability to the U.S. Department of Defense.

  • Third quarter product sales reached $1.3 million, a substantial increase from $0.3 million in the second quarter.
  • Entered into a distribution agreement with Zimmer Biomet to market DSUVIA in the dental and oral surgery markets.
  • DSUVIA was added to the U.S. Department of Defense Joint Deployment Formulary.
  • U.S. Army awarded AcelRx with an initial contract of up to $3.6 million over four years for DSUVIA purchase.

Headline financials

Total Revenue

$1.37M

Previous: $608K+125.0%
EPS (adj)

-$2.00

Previous: -$3.20+37.5%
Capital Expenditures

-$224K

Previous: -$3.23M+93.1%
Free Cash Flow

-$9.15M

Previous: -$16M+42.6%
Net Income

-$8.93M

Previous: -$12.7M+29.9%
Operating Income

-$9.04M

Previous: -$13.5M+33.2%
Gross Profit

-$483K

Previous: -$1.54M+68.6%
Cash & Equivalents

$20M

Previous: $21.9M-9.0%
Total Assets

$66.2M

Previous: $105M-37.0%

Revenue & EPS history

AcelRx · Revenue · Quarterly

$1.37M

Q3 2020+125%vs Q3 2019
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Forward guidance

AcelRx anticipates continued progress within the Department of Defense and expects initial ordering of DSUVIA for deployed troops in the fourth quarter.

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 Q3 2020

Historical avgQ3 2020

-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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