Corcept Therapeutics (CORT) Tops Q1 EPS by 1c

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Corcept Therapeutics Announces First Quarter 2019 Financial Results and Provides Corporate Update

May 9, 2019 4:05 PM EDT

MENLO PARK, Calif., May 09, 2019 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of drugs to treat severe metabolic, oncologic and psychiatric disorders by modulating the effects of the stress hormone cortisol, today reported its financial results for the quarter ended March 31, 2019.

Financial Highlights

Revenue of $64.8 million, a 12 percent increase from first quarter 2018Fully-diluted GAAP net income of $0.15 per share, compared to $0.14 per share in first quarter... More