NASDAQ$TMDX

TransMedics Group Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

TransMedics reported financial results for the fourth quarter and year ended December 28, 2019.

TransMedics' net revenue for the fourth quarter of 2019 was $6.1 million, a 71% increase compared to the fourth quarter of 2018. Gross margin for the fourth quarter of 2019 was 62% as compared to 42% in the fourth quarter of 2018. Net loss for the fourth quarter of 2019 was $9.2 million compared to $7.6 million in the fourth quarter of 2018.

  • Net revenue of $6.1 million in the fourth quarter of 2019, representing 71% growth compared to the fourth quarter of 2018.
  • OCS Heart FDA Panel scheduled for April 16, 2020.
  • Initiated the OCS Heart DCD program enabling patients access to a broader pool of donor hearts.
  • Gross margin for the fourth quarter of 2019 was 62% as compared to 42% in the fourth quarter of 2018.

Headline financials

Total Revenue

$6.06M

Previous: $3.54M+70.9%
EPS (adj)

-$0.43

Previous: -$0.40-8.4%
Net Income

-$9.18M

Previous: -$7.64M-20.2%
Operating Income

-$8.69M

Previous: -$6.36M-36.7%
Gross Profit

$3.74M

Previous: $1.5M+149.6%
Cash & Equivalents

$20.1M

No prior period
Total Assets

$105M

No prior period

Revenue & EPS history

TransMedics · Revenue · Quarterly

$6.06M

Q4 2019+70.9%vs Q4 2018
Beat estimate in 4 of 7 quarters(57%)
ActualEstimate

Forward guidance

TransMedics expects net revenue for the full-year 2020 to be in the range of $40 million to $43 million, which represents 69% to 82% growth compared to the company’s prior year net revenue.

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 Q4 2019

Historical avgQ4 2019

+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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