Corcept Therapeutics (CORT) Tops Q2 EPS by 6c; Raises Rev Outlook

Go back to Corcept Therapeutics (CORT) Tops Q2 EPS by 6c; Raises Rev Outlook

Corcept Therapeutics Announces Second Quarter 2017 Financial Results, Raises 2017 Revenue Guidance and Provides Corporate Update

August 1, 2017 4:05 PM EDT

Commercial & Financial Highlights

Revenue of $35.6 million in second quarter 2017, an increase of 80 percent from second quarter 2016 2017 revenue guidance increased by $20 million, to $145-155 millionGAAP net income of $0.10 per share, compared to $0.01 per share in second quarter 2016Non-GAAP net income of $0.13 per share, compared to $0.03 per share in second quarter 2016Final payment made in July 2017 on capped royalty financing obligation 

Clinical Highlights

Enrollment continues in Phase 2, open-label trial of CORT125134... More