NASDAQ$TMDX

TransMedics Group Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

TransMedics reported financial results for the first quarter of 2021.

TransMedics Group, Inc. reported a net revenue of $7.1 million for the first quarter of 2021, a 6% decrease compared to the first quarter of 2020. U.S. net revenue increased by 11% year-over-year. The gross margin was 68% as compared to 65% in the first quarter of 2020. Net loss for the first quarter of 2021 was $7.9 million compared to $8.9 million in the first quarter of 2020.

  • Net revenue of $7.1 million in the first quarter of 2021, representing a 6% decrease compared to the first quarter of 2020.
  • Reported U.S. net revenue growth of 11% year-over-year.
  • Announced positive FDA advisory committee vote for OCS Heart System.
  • Announced expectation for mid-July 2021 OCS Liver FDA advisory committee meeting.

Headline financials

Total Revenue

$7.05M

Previous: $7.53M-6.3%
EPS (adj)

-$0.29

Previous: -$0.42+31.0%
Gross Margin

68.0%

No prior period
Capital Expenditures

-$20K

Previous: -$277K+92.8%
Free Cash Flow

-$7.94M

Previous: -$9.13M+13.1%
Net Income

-$7.92M

Previous: -$8.85M+10.6%
Operating Income

-$6.51M

Previous: -$8.02M+18.8%
Gross Profit

$4.81M

Previous: $4.86M-1.0%
Cash & Equivalents

$26.7M

Previous: $24.7M+8.0%
Total Assets

$146M

Previous: $96.9M+50.4%
Stock-Based Comp

$1.11M

Previous: $385K+188.8%

Revenue & EPS history

TransMedics · Revenue · Quarterly

$7.05M

Q1 2021-6.3%vs Q1 2020
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Forward guidance

The company is advancing quickly toward several near term regulatory and commercial catalysts expected in 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 Q1 2021

Historical avgQ1 2021

+4.1%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+7.6%

Avg return

30 days after

54%

15 / 28 earnings

Positive

+42.6%

Q3 2023

Best reaction

-29.3%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.1%-30.0%-26.4%
Q4 2025-4.6%-3.6%-35.1%
Q3 2025+0.9%-9.0%+8.9%
Q1 2025+19.6%+31.3%+49.2%
Q4 2024+5.8%-6.5%-4.9%
Q3 2024-29.3%-34.2%-30.4%
Q2 2024+9.4%+7.2%+21.4%
Q1 2024+20.9%+31.6%+40.3%
Q4 2023+6.7%-0.5%-10.8%
Q3 2023+42.6%+34.6%+73.5%
Q2 2023-8.9%-24.7%-21.5%
Q1 2023-6.7%-6.4%-8.1%
Q4 2022+20.2%+20.4%+15.4%
Q3 2022+20.7%+17.6%+38.7%
Q2 2022-7.7%+20.8%+28.9%
Q1 2022+39.5%+25.4%+29.5%
Q4 2021+23.2%+39.5%+82.5%
Q3 2021-12.0%-16.3%-29.0%
Q2 2021+9.6%+7.6%+17.2%
Q1 2021-12.6%-15.1%-11.3%
Q4 2020+3.4%-12.3%+10.6%
Q3 2020+4.8%+10.6%+20.8%
Q2 2020+0.1%-3.2%-11.9%
Q1 2020-7.6%-0.6%-11.7%
Q4 2019-1.1%-1.2%-25.7%
Q3 2019-14.2%-13.0%-1.7%
Q2 2019-4.2%-4.6%+8.6%
Q1 2019-2.3%-2.1%-4.1%
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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