Intra-Cellular Therapies (ITCI) Tops Q2 EPS by 8c

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

August 4, 2016 7:00 AM EDT

NEW YORK, Aug. 04, 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 June 30, 2016, and provided a corporate update.

Second Quarter 2016 Financial Results

Intra-Cellular Therapies (the Company or ITCI) reported a net loss of $30.8 million, or $0.71 per share (basic and diluted), for the second quarter of 2016 compared to a net loss of $21.5 million, or $0.61 per share (basic and diluted), for the second quarter of 2015.

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