NYSE$LCTX

Lineage Cell Therapeutics In · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported financial and operating results for the first quarter of 2022.

Lineage Cell Therapeutics reported first quarter 2022 financial results, including revenues of $5.2 million, primarily from licensing fees related to the Roche collaboration, and a net loss of $7.1 million, or $0.04 per share.

  • Launched new cell therapy programs in hearing loss and vision disorders.
  • Conducted tech transfer activities to support alliance with Roche and Genentech for dry AMD program.
  • Expanded cell therapy pipeline to five distinct programs.
  • Focus is on clinical and regulatory execution across the portfolio, advancing OPC1 and VAC2 into next phases of clinical testing.

Headline financials

Total Revenue

$5.24M

Previous: $391K+1239.4%
EPS (adj)

-$0.04

Previous: -$0.01-300.0%
Capital Expenditures

$46K

Previous: -$11K+518.2%
Free Cash Flow

-$7.09M

Previous: -$1.43M-396.6%
Net Income

-$7.09M

Previous: -$1.42M-400.5%
Operating Income

-$6.4M

Previous: -$7.05M+9.3%
Gross Profit

$5.06M

Previous: $279K+1714.0%
Cash & Equivalents

$78.1M

Previous: $56.2M+38.9%
Total Assets

$145M

Previous: $128M+13.0%
Stock-Based Comp

$1.11M

Previous: $539K+105.2%

Revenue & EPS history

Lineage · Revenue · Quarterly

$5.24M

Q1 2022+1,239.4%vs Q1 2021
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Lineage · $700K total across 1 segment · Q4 2019

  • Royalties and licensing
    $700K

Forward guidance

Lineage anticipates reaching significant events with each of their clinical and preclinical programs, supported by a disciplined use of capital and current balance sheet.

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 Q1 2022

Historical avgQ1 2022

+0.2%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-0.6%

Avg return

30 days after

50%

31 / 62 earnings

Positive

+16.6%

Q4 2016

Best reaction

-14.5%

Q1 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.5%-4.6%-2.3%
Q4 2025+0.5%-8.7%-14.7%
Q3 2025+1.2%+11.6%-0.6%
Q1 2025-0.1%+6.4%+72.3%
Q4 2024+0.4%-1.9%-22.6%
Q3 2024-5.3%-1.1%-44.0%
Q2 2024+4.4%-4.6%-3.4%
Q1 2024+0.9%-10.3%-16.4%
Q4 2023+15.0%+9.7%+23.9%
Q3 2023-5.5%-8.2%-5.5%
Q2 2023+0.0%+1.4%-5.6%
Q1 2023-3.5%-4.9%-3.5%
Q4 2022-2.1%-4.8%-6.2%
Q3 2022+15.2%+4.8%-2.4%
Q2 2022+0.6%-3.2%-16.7%
Q1 2022-5.9%+1.7%+17.6%
Q4 2021-5.6%-14.8%-3.5%
Q3 2021-0.4%+0.4%-19.0%
Q2 2021-1.1%-7.9%-12.1%
Q1 2021-0.4%+0.9%+26.4%
Q4 2020+10.2%+21.0%+32.3%
Q3 2020+7.4%+7.4%+32.0%
Q2 2020+3.7%+2.3%-2.3%
Q1 2020-3.7%-11.5%-7.3%
Q4 2019-5.3%-12.7%-2.5%
Q3 2019+6.6%+19.2%-5.5%
Q2 2019-8.9%-8.9%-8.9%
Q1 2019+0.8%-10.8%-16.7%
Q4 2018+10.2%+0.0%-17.8%
Q3 2018-8.6%-17.1%-27.1%
Q2 2018-3.7%-4.6%+14.1%
Q1 2018+0.9%+2.3%+3.7%
Q4 2017+0.7%-4.3%-10.1%
Q3 2017+14.3%+6.3%+8.5%
Q2 2017+6.4%+6.0%+8.3%
Q1 2017+0.3%+1.9%+1.6%
Q4 2016+16.6%+5.5%+5.8%
Q3 2016+0.3%+0.3%+1.3%
Q2 2016-5.4%-6.0%+5.1%
Q1 2016-4.6%
Q4 2015+9.5%
Q3 2015-7.6%
Q2 2015-6.2%
Q4 2014+1.2%
Q3 2014+0.3%
Q1 2014+6.4%
Q4 2013-7.0%
Q3 2013-1.8%
Q2 2013+0.5%
Q1 2013+8.5%
Q4 2012-9.5%
Q3 2012-4.5%
Q2 2012-4.3%
Q1 2012-2.1%
Q4 2011-4.2%
Q3 2011-7.1%
Q2 2011+3.0%
Q1 2011-2.9%
Q4 2010-4.7%
Q3 2010+6.9%
Q2 2010+2.1%
Q1 2010-14.5%

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