earnings
confidence high
sentiment positive
materiality 0.60
Ocular Therapeutix: 2022 Dextenza revenue est. $50.2M (+20% YoY); cash $102.3M; pipeline on track
OCULAR THERAPEUTIX, INC
2022-FY EPS reported
-$0.97
revenue$51,494,000
- Dextenza net product revenue: Q4 2022 est. $13.6M (14% seq., 11% YoY); FY2022 est. $50.2M (20% YoY).
- Preliminary cash and equivalents $102.3M as of Dec 31, 2022; sufficient to fund operations through mid-2024.
- OTX-TKI wet AMD Phase 1: 9- and 10-month data at Angiogenesis Feb 2023; potential Phase 2/3 start Q3 2023 subject to funding.
- Phase 1 diabetic retinopathy trial initiated Dec 2022; OTX-TIC glaucoma Phase 2 top-line data expected Q4 2023.