NYSE$PCRX

Pacira BioSciences Inc. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported preliminary net product sales for April 2021, with EXPAREL average daily sales significantly exceeding the prior year due to increased demand and market recovery.

Pacira BioSciences reported preliminary unaudited net product sales of $44.6 million for April 2021, with EXPAREL contributing $43.1 million and iovera° contributing $1.5 million. EXPAREL average daily sales were 449% of April 2020.

  • Net product sales for April 2021 reached $44.6 million, driven by EXPAREL and iovera°.
  • EXPAREL sales for April 2021 were $43.1 million, with daily sales 449% higher than April 2020.
  • iovera° sales for April 2021 amounted to $1.5 million.
  • The company is encouraged by the growing demand for EXPAREL and iovera° as opioid-sparing pain control solutions.

Headline financials

Total Revenue

$119M

Previous: $105M+13.6%
EPS (adj)

$0.53

Previous: $0.53+0.0%
Capital Expenditures

-$13.1M

Previous: -$6.72M-94.4%
Free Cash Flow

-$2.7M

Previous: $1.44M-288.4%
Net Income

$10.4M

Previous: $8.16M+27.1%
Operating Income

$19.4M

Previous: $17.1M+13.7%
Gross Profit

$87.7M

Previous: $75M+16.9%
Cash & Equivalents

$66.7M

Previous: $54.6M+22.2%
Total Assets

$1.29B

Previous: $821M+56.8%
Stock-Based Comp

$10.1M

Previous: $8.85M+14.3%

Revenue & EPS history

Pacira · Revenue · Quarterly

$119M

Q1 2021+13.6%vs Q1 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Pacira · $44.6M total across 2 segments · Q1 2021

  • EXPAREL
    $43.1M-57.4%
  • iovera°
    $1.5M-33.9%

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

+1.9%

Avg return

Earnings day

+2.1%

Avg return

5 days after

-1.2%

Avg return

30 days after

64%

37 / 58 earnings

Positive

+23.7%

Q3 2015

Best reaction

-16.2%

Q1 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.4%-1.4%-7.7%
Q4 2025-3.2%+1.2%+1.3%
Q3 2025+4.6%+13.1%+13.7%
Q1 2025+0.9%-1.8%+4.3%
Q4 2024-5.2%-7.4%-1.9%
Q3 2024+2.4%+1.3%+11.5%
Q2 2024+1.4%+4.4%-24.6%
Q1 2024+11.9%+11.0%+9.9%
Q4 2023-3.5%-1.6%-2.3%
Q3 2023+9.6%+7.0%-1.8%
Q2 2023+7.6%+5.9%-1.3%
Q1 2023-7.1%-9.0%-15.8%
Q4 2022+5.9%+2.7%-1.9%
Q3 2022-2.2%-1.2%-7.3%
Q2 2022-3.5%-1.0%-4.4%
Q1 2022+2.8%+6.1%-6.9%
Q4 2021+7.3%+2.0%-16.5%
Q3 2021-2.0%-3.2%-4.5%
Q2 2021-6.1%-3.7%-7.2%
Q1 2021+1.8%+2.2%-2.8%
Q4 2020-6.7%+0.7%-6.3%
Q3 2020+0.4%+1.8%+22.5%
Q2 2020+4.0%+6.9%+7.9%
Q1 2020+0.8%+3.0%+16.3%
Q4 2019-4.4%-8.7%-38.0%
Q3 2019+5.8%+3.0%+10.3%
Q2 2019-3.1%-8.4%-18.1%
Q1 2019+1.2%+0.1%-5.9%
Q4 2018+3.8%-3.8%-6.3%
Q3 2018+2.9%+1.6%-1.1%
Q2 2018+11.3%+10.2%+16.1%
Q1 2018-1.2%-4.6%-1.1%
Q4 2017+4.8%+2.2%-0.2%
Q3 2017+14.6%+22.0%+27.8%
Q2 2017-3.4%-6.6%-2.9%
Q1 2017+4.5%+6.6%-3.7%
Q4 2016+13.0%+10.9%+4.3%
Q3 2016-4.7%-3.0%-5.9%
Q2 2016+16.1%+21.1%+4.1%
Q1 2016-4.7%
Q4 2015-6.0%
Q3 2015+23.7%
Q2 2015+13.2%
Q1 2015-16.2%
Q4 2014+1.0%
Q3 2014-12.3%
Q2 2014+9.2%
Q1 2014+6.4%
Q4 2013+6.4%
Q3 2013+6.1%
Q2 2013-0.1%
Q1 2013+2.0%
Q3 2012+0.2%
Q2 2012+4.0%
Q1 2012+1.8%
Q3 2011-9.7%
Q2 2011+1.9%
Q1 2011-0.1%
Q3 2010
Q2 2010
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro