NYSE$AMRX

Amneal Pharmaceuticals Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Amneal reported solid first quarter results, continuing its positive momentum as it consistently executed against its Amneal 2.0 strategic vision.

Amneal Pharmaceuticals reported a net revenue of $493 million for Q1 2021, a slight decrease of 1% compared to the previous year. The company's GAAP net income was $7 million, with a diluted income per share of $0.04. Adjusted EBITDA stood at $126 million, and adjusted diluted EPS was $0.20. The company is maintaining its full year 2021 financial outlook.

  • Q1 2021 net revenue was $493 million.
  • GAAP net income was $7 million, resulting in diluted income per share of $0.04.
  • Adjusted EBITDA was $126 million and adjusted diluted EPS was $0.20.
  • Amneal is maintaining its 2021 full year financial outlook.

Headline financials

Total Revenue

$493M

Previous: $499M-1.1%
EPS (adj)

$0.20

Previous: $0.20+0.0%
Capital Expenditures

-$11.8M

Previous: -$7.37M-59.8%
Free Cash Flow

$973K

Previous: $108M-99.1%
Net Income

$12.7M

Previous: $115M-88.9%
Operating Income

$45.9M

Previous: $57.8M-20.6%
Gross Profit

$192M

Previous: $183M+4.4%
Cash & Equivalents

$452M

Previous: $405M+11.6%
Total Assets

$3.96B

Previous: $4.39B-9.8%
Stock-Based Comp

$5.33M

Previous: $4.54M+17.4%

Revenue & EPS history

Amneal · Revenue · Quarterly

$493M

Q1 2021-1.1%vs Q1 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Amneal · $181M total across 2 segments · Q1 2021

  • Specialty
    $95.9M+9.0%
  • AvKARE
    $84.7M+46.1%

Forward guidance

Amneal is maintaining its previously provided guidance.

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

-0.6%

Avg return

Earnings day

-3.2%

Avg return

5 days after

+0.4%

Avg return

30 days after

54%

20 / 37 earnings

Positive

+36.6%

Q2 2023

Best reaction

-23.0%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.7%-7.6%+0.9%
Q4 2025-4.6%-8.2%-18.2%
Q3 2025-4.1%+8.8%+20.0%
Q1 2025+3.0%-6.7%-5.4%
Q4 2024+3.5%+7.0%-1.2%
Q3 2024+6.9%+4.9%-1.9%
Q2 2024+12.9%+9.6%+21.9%
Q1 2024+7.1%+6.1%+7.6%
Q4 2023-2.2%-3.8%+9.8%
Q3 2023-3.6%+0.2%+11.4%
Q2 2023+36.6%+25.9%+25.6%
Q1 2023+9.8%-3.3%+38.6%
Q4 2022-8.1%-15.8%-33.5%
Q3 2022+13.0%+8.2%+16.8%
Q2 2022-9.5%-9.2%-36.4%
Q1 2022-11.5%-22.2%-13.0%
Q4 2021-7.0%-12.4%-3.4%
Q3 2021-12.5%-9.8%-29.0%
Q2 2021+4.5%+4.9%+6.6%
Q1 2021-8.1%-8.0%-5.5%
Q4 2020+5.9%+0.0%+40.1%
Q3 2020-15.0%-15.6%-14.6%
Q2 2020-16.3%-19.9%-30.7%
Q1 2020+20.3%+16.1%+42.5%
Q4 2019-20.4%-16.4%-37.0%
Q3 2019-23.0%-23.0%+7.0%
Q2 2019-8.0%-10.5%-18.5%
Q1 2019-20.7%-31.0%-41.8%
Q4 2018+8.4%+2.0%+13.8%
Q3 2018+5.1%+4.6%-9.1%
Q2 2018+0.6%+9.8%+19.4%
Q1 2018+1.5%+13.3%+30.2%
Q4 2017+4.4%
Q3 2017+5.9%
Q2 2017+1.5%
Q1 2017-3.2%
Q4 2016+2.3%

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