Anika Therapeutics Inc. Stock Earnings Reports
Anika Therapeutics. Earnings Calls
Release date | Mar 12, 2025 |
EPS estimate | -$0.0100 |
EPS actual | -$0.0300 |
EPS Surprise | -200.00% |
Revenue estimate | 28.125M |
Revenue actual | 119.907M |
Revenue Surprise | 326.34% |
Release date | Oct 31, 2024 |
EPS estimate | $0.300 |
EPS actual | -$0.250 |
EPS Surprise | -183.33% |
Revenue estimate | 29M |
Revenue actual | 38.753M |
Revenue Surprise | 33.63% |
Release date | Aug 08, 2024 |
EPS estimate | $0.230 |
EPS actual | $0.170 |
EPS Surprise | -26.09% |
Revenue estimate | 42.1M |
Revenue actual | 41.921M |
Revenue Surprise | -0.425% |
Release date | May 08, 2024 |
EPS estimate | -$0.190 |
EPS actual | -$0.310 |
EPS Surprise | -63.16% |
Revenue estimate | 39.21M |
Revenue actual | 40.523M |
Revenue Surprise | 3.35% |
Last 4 Quarters for Anika Therapeutics.
Below you can see how ANIK performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | May 08, 2024 |
Fiscal end date | Mar 31, 2024 |
Price on release | $28.47 |
EPS estimate | -$0.190 |
EPS actual | -$0.310 |
EPS surprise | -63.16% |
Date | Price |
---|---|
May 02, 2024 | $27.59 |
May 03, 2024 | $27.59 |
May 06, 2024 | $27.86 |
May 07, 2024 | $28.36 |
May 08, 2024 | $28.47 |
May 09, 2024 | $25.26 |
May 10, 2024 | $25.63 |
May 13, 2024 | $25.56 |
May 14, 2024 | $25.59 |
4 days before | 3.19% |
4 days after | -10.12% |
On release day | -11.28% |
Change in period | -7.25% |
Release date | Aug 08, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $25.68 |
EPS estimate | $0.230 |
EPS actual | $0.170 |
EPS surprise | -26.09% |
Date | Price |
---|---|
Aug 02, 2024 | $26.00 |
Aug 05, 2024 | $25.75 |
Aug 06, 2024 | $26.07 |
Aug 07, 2024 | $25.95 |
Aug 08, 2024 | $25.68 |
Aug 09, 2024 | $25.68 |
Aug 12, 2024 | $25.07 |
Aug 13, 2024 | $25.01 |
Aug 14, 2024 | $25.29 |
4 days before | -1.23% |
4 days after | -1.52% |
On release day | 0% |
Change in period | -2.73% |
Release date | Oct 31, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $17.11 |
EPS estimate | $0.300 |
EPS actual | -$0.250 |
EPS surprise | -183.33% |
Date | Price |
---|---|
Oct 25, 2024 | $24.32 |
Oct 28, 2024 | $24.66 |
Oct 29, 2024 | $24.52 |
Oct 30, 2024 | $24.68 |
Oct 31, 2024 | $17.11 |
Nov 01, 2024 | $16.53 |
Nov 04, 2024 | $17.07 |
Nov 05, 2024 | $16.30 |
Nov 06, 2024 | $17.27 |
4 days before | -29.65% |
4 days after | 0.94% |
On release day | -3.39% |
Change in period | -28.99% |
Release date | Mar 12, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $17.11 |
EPS estimate | -$0.0100 |
EPS actual | -$0.0300 |
EPS surprise | -200.00% |
Date | Price |
---|---|
Mar 06, 2025 | $17.00 |
Mar 07, 2025 | $16.62 |
Mar 10, 2025 | $16.50 |
Mar 11, 2025 | $16.79 |
Mar 12, 2025 | $17.11 |
Mar 13, 2025 | $15.21 |
Mar 14, 2025 | $15.91 |
Mar 17, 2025 | $16.11 |
Mar 18, 2025 | $15.86 |
4 days before | 0.647% |
4 days after | -7.31% |
On release day | -11.10% |
Change in period | -6.71% |
Anika Therapeutics. Earnings Call Transcript Summary of Q4 2024
Divestitures: Anika has successfully divested Arthrosurface and Parcus Medical, aimed at refocusing on core hyaluronic acid (HA) products, which are anticipated to drive shareholder value.
Financial Performance Highlights:
- Q4 2024 Revenue: Achieved $30.6 million, a slight increase of 1% year-over-year. Full-year revenue was $119.9 million, a marginal decline of 1% compared to 2023.
- Commercial Channel Growth: Revenue from the commercial channel rose 25% in Q4 and 17% for the full year, indicating strong international OA pain management growth
- +22% in Q4
- +16% for full year
- OEM Channel Performance: Revenue from the OEM channel decreased by 8% in both the fourth quarter and for the full year, impacted by competitive pricing pressures and lower volumes from Johnson & Johnson’s (J&J) products.
Product Developments:
- Integrity Product Success: The Integrity implant system experienced over 40% sequential growth for three consecutive quarters, with more than 1,000 surgeries performed since launch, capturing over 1% of the US soft tissue augmentation market.
- Hyalofast & Cingal: Significant progress in regulatory submissions for Hyalofast, anticipated FDA launch by 2026. For Cingal, productive discussions with the FDA are ongoing, with feedback expected to guide future R&D expenses.
Operational Highlights:
- Cash Flow & Liquidity: Generated operating cash flow of $1.6 million in Q4, ending the quarter with $56 million in cash and no debt.
- Stock Repurchase Plan: Completed an initial $15 million share repurchase ahead of schedule, reinforcing commitment to returning value to shareholders.
Guidance and Outlook for 2025:
- Revenue Projections: Expected commercial channel revenues between $47 million and $49.5 million (up 12%-18%) while OEM channel revenues anticipated between $64 million and $68.5 million (down 12%-18%).
- Adjusted EBITDA: Anticipated between 8%-10% for 2025, influenced by ongoing investments in the regenerative solutions portfolio and competitive pressures in the OEM sector.
Long-term Growth Strategy:
Anika plans to capitalize on the growth potential of Integrity, expand international market share for OA pain products, and drive further development and approval for both Hyalofast and Cingal to enhance growth in the coming years.
Conclusion
Anika is focused on streamlining its operations and enhancing its core offerings in HA products. The company has laid a solid foundation for growth through recent product successes and strategic divestitures, aiming for enhanced shareholder value and sustainable revenue growth. The outlook for 2025 remains cautiously optimistic amidst competitive market conditions.