NYSE$LCTX

Lineage Cell Therapeutics In · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported second quarter 2021 financial results and highlighted additional progress from clinical cell therapy programs.

Lineage Cell Therapeutics reported financial and operating results for the second quarter 2021, with revenue of $0.5 million and a net loss attributable to Lineage of $4.8 million, or $0.03 per share.

  • Lineage continued to make significant operational and developmental progress during the second quarter.
  • OpRegen has generated the only known cases of retinal tissue restoration in previously confirmed atrophic areas in humans.
  • Lineage will soon be returning OPC1 to clinical testing in a device safety study, which will include chronic spinal cord injury patients.
  • Lineage was added to the Russell 3000® Index, which will improve awareness of the continued success of the company's cell transplant approach.

Headline financials

Total Revenue

$512K

Previous: $386K+32.6%
EPS (adj)

-$0.03

Previous: -$0.04+25.0%
Capital Expenditures

-$140K

Previous: -$16K-775.0%
Free Cash Flow

-$4.93M

Previous: -$6.54M+24.6%
Net Income

-$4.79M

Previous: -$6.52M+26.6%
Operating Income

-$7.08M

Previous: -$6.4M-10.6%
Gross Profit

$387K

Previous: $311K+24.4%
Cash & Equivalents

$62M

Previous: $12.7M+389.1%
Total Assets

$135M

Previous: $112M+20.2%
Stock-Based Comp

$919K

Previous: $606K+51.7%

Revenue & EPS history

Lineage · Revenue · Quarterly

$512K

Q2 2021+32.6%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

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

  • Royalties and licensing
    $700K

Forward guidance

Lineage cautions that all statements, other than statements of historical facts, contained in this press release, are forward-looking statements and are subject to risks and uncertainties.

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 Q2 2021

Historical avgQ2 2021

+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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