Corcept Therapeutics (CORT) Tops Q2 EPS by 10c; Reaffirms

Go back to Corcept Therapeutics (CORT) Tops Q2 EPS by 10c; Reaffirms

Corcept Therapeutics Announces Second Quarter 2020 Financial Results and Provides Corporate Update

August 4, 2020 4:05 PM EDT

MENLO PARK, Calif., Aug. 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 June 30, 2020.

Financial Highlights

Revenue of $88.6 million, a 23 percent increase from second quarter 2019GAAP diluted net income of $0.23 per share, compared to $0.17 per share in second quarter 2019Non-GAAP diluted net income of $0.32 per... More