Corcept Therapeutics (CORT) Tops Q1 EPS by 12c, Revenues Beat; Offers FY20 Revenue Mid-Point Guidance Above Consensus
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Corcept Therapeutics Announces First Quarter 2020 Financial Results And Provides Corporate Update
May 4, 2020 4:05 PM EDTMENLO PARK, Calif. , May 04, 2020 (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 results for the quarter ended March 31, 2020.
Financial Highlights
Revenue of $93.2 million, a 44 percent increase from first quarter 2019GAAP diluted net income of $0.25 per share, compared to $0.15 per share in first quarter 2019Non-GAAP diluted net income of $0.34 per... More