Needham & Company Reiterates Buy on Intercept (ICPT) Following Q3 Update

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Intercept Pharma (ICPT) Advances to Session High

November 10, 2015 11:05 AM EST

Intercept Pharma (NASDAQ: ICPT) hit session highs Tuesday morning, rising 12%.

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Intercept (ICPT) Waiting for Catalysts - Cowen

November 10, 2015 9:39 AM EST

Intercept Pharmaceuticals (NASDAQ: ICPT) reported Q3 EPS of ($2.10) vs consensus of ($2.74). As of September 30, 2015, ICPT had cash of $695.7M and cash burn was $36.5M. The net loss increase was primarily the result of increases in G&A expenses related to ICPT's corporate and pre-commercial activities.

Intercept projects adjusted operating expenses for the year ending December 31, 2015 will be below its... More

Intercept Pharmaceuticals (ICPT) Outlook Unchanged Following Earnings - Baird

November 9, 2015 2:09 PM EST

Baird analyst Brian Skorney reiterated an Outperform rating and $346 price target on Intercept Pharmaceuticals (NASDAQ: ICPT) saying the outlook is unchanged following earnings.

Skorney commented, "3Q15 served as more of a housekeeping event than anything else. The company focused on discussing preparation... More

Intercept Pharma (ICPT) Posts Narrwer-than-Expected Q3 Loss

November 9, 2015 9:14 AM EST

Intercept Pharma (NASDAQ: ICPT) reported Q3 EPS of ($2.10), $0.65 better than the analyst estimate of ($2.75). Revenue for the quarter came in at $445 thousand versus the consensus estimate of $420 thousand.

As of September 30, 2015, Intercept had cash, cash equivalents and investment securities available for sale of approximately... More