Corcept Therapeutics (CORT) Tops Q3 EPS by 5c; Reaffirms

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Corcept Therapeutics Announces Third Quarter 2018 Financial Results and Provides Corporate Update

November 1, 2018 4:05 PM EDT

MENLO PARK, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT), a company engaged in the discovery, development and commercialization of drugs to treat severe metabolic, oncologic and psychiatric disorders by modulating the effects of the stress hormone cortisol, today reported its results for the quarter ended September 30, 2018.

Financial Highlights

Revenue of $64.4 million, a 51 percent increase from third quarter 2017GAAP net income of $0.14 per share, compared to $0.11 per share in third quarter 2017Non-GAAP net income of $0.22 per share, compared to... More