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

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Piper Remains Constructive on Intra-Cellular Therapies (ITCI) Following Q3 Report; Affirms at 'Overweight'

November 9, 2016 12:39 PM EST

Piper Jaffray affirms Intra-Cellular Therapies (Nasdaq: ITCI) with an Overweight rating and $22 price target following Q3 results and update issued earlier Wednesday.

Analyst Charles Duncan noted the following: It ended 3Q16 with $413M in cash available for operations, which should fund the... More

Intra-Cellular Therapies (ITCI) Tops Q3 EPS by 14c

November 9, 2016 7:06 AM EST

Intra-Cellular Therapies (NASDAQ: ITCI) reported Q3 EPS of ($0.70), $0.14 better than the analyst estimate of ($0.84). Revenue for the quarter came in at $4.36 thousand versus the consensus estimate of $50 thousand.

For earnings history and earnings-related data on Intra-Cellular Therapies (ITCI) click here.

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