NASDAQ$TLPH

AcelRx Pharmaceuticals Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Net loss reported at $6.9 million, with DSUVIA sales increasing by 217% compared to the previous year.

AcelRx Pharmaceuticals reported a net loss of $6.9 million for Q3 2022. DSUVIA sales saw a significant increase of 217% compared to the same quarter in the previous year, reaching $0.5 million. The company is progressing with the development of Niyad™ and expects to submit an NDA for ephedrine pre-filled syringe by the end of the year.

  • DSUVIA sales increased by 217% year-over-year, reaching $0.5 million in Q3 2022.
  • Net loss attributable to common shareholders was $6.9 million, or $0.94 per basic and diluted share.
  • Cash, cash equivalents, and short-term investments totaled $20.9 million as of September 30, 2022.
  • The company is preparing for a potential Emergency Use Authorization submission for Niyad™ in the first half of 2023.

Headline financials

Total Revenue

$507K

Previous: $1.86M-72.8%
EPS (adj)

-$0.94

Previous: -$1.40+32.9%
Capital Expenditures

-$316K

Previous: -$1.8M+82.4%
Free Cash Flow

-$7.07M

Previous: -$10.2M+30.5%
Net Income

-$6.75M

Previous: -$8.38M+19.4%
Operating Income

-$6.63M

Previous: -$8.63M+23.2%
Gross Profit

-$62K

Previous: $1.42M-104.4%
Cash & Equivalents

$12.7M

Previous: $13.3M-4.1%
Total Assets

$48.3M

Previous: $72.3M-33.1%
Stock-Based Comp

$701K

Previous: $1.22M-42.6%

Revenue & EPS history

AcelRx · Revenue · Quarterly

$507K

Q3 2022-72.8%vs Q3 2021
Beat estimate in 4 of 7 quarters(57%)
ActualEstimate

Forward guidance

AcelRx expects to finalize an agreement for DSUVIA with a strategic partner by the end of the year and submit their ephedrine pre-filled syringe NDA by the end of this year. The second pre-filled syringe product submission is planned for the first half of next year to ensure multiple potential commercial products are available by the end of 2023.

Tailwinds

  • Potential Emergency Use Authorization for Niyad™ in the first half of 2023.
  • Submission of ephedrine pre-filled syringe NDA expected by the end of this year.
  • Second pre-filled syringe product submission planned for the first half of next year.
  • Potential agreement for DSUVIA with a strategic partner by the end of the year.
  • DZUVEO launched in Europe by partner Aguettant.

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 2022

Historical avgQ3 2022

-2.7%

Avg return

Earnings day

-3.4%

Avg return

5 days after

-0.3%

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%+9.5%-94.1%
Q4 2020-16.2%-21.6%-38.3%
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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