Intra-Cellular Therapies (ITCI) Tops Q1 EPS by 14c

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Intra-Cellular Therapies Reports First Quarter 2016 Financial Results and Provides Corporate Update

April 28, 2016 7:00 AM EDT

NEW YORK, April 28, 2016 (GLOBE NEWSWIRE) -- Intra-Cellular Therapies, Inc. (NASDAQ: ITCI), a biopharmaceutical company focused on the development of therapeutics for central nervous system (CNS) disorders, today announced its financial results for the quarter ended March 31, 2016, and provided a corporate update.

First Quarter 2016 Financial Results

Intra-Cellular Therapies (the Company) reported a net loss of $27.8 million, or $0.64 per share (basic and diluted), for the first quarter of 2016 compared to a net loss of $22.3 million, or $0.72 per share (basic and diluted), for the first quarter of 2015.

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