Corcept Therapeutics (CORT) Tops Q2 EPS by 2c

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Corcept Therapeutics Announces Second Quarter 2015 Results and Provides Corporate Update

August 5, 2015 4:06 PM EDT

MENLO PARK, CA -- (Marketwired) -- 08/05/15 -- Corcept Therapeutics Incorporated (NASDAQ: CORT)

Per-share net loss in the second quarter narrows to $0.02, from $0.07 in the same period last year Excluding non-cash expenses, non-GAAP net income for the second quarter is $369,000, compared to a non-GAAP net loss of $5.4 million in the second quarter of 2014 Second quarter revenue is $12.0 million, compared to $5.9 million in the second quarter of 2014, a 104 percent increase 2015 revenue guidance is revised to $49 - $53 million Patient dosing continues in the efficacy portion of the company's Phase 1/2 trial... More