Corcept Therapeutics (CORT) Tops Q4 EPS by 3c

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Corcept Therapeutics Announces Fourth Quarter, Full-Year 2020 Preliminary Selected Financial Results and 2021 Revenue Guidance; Provides Corporate Update

February 8, 2021 4:05 PM EST

Financial Highlights, 2021 Revenue Guidance and Legal Update

Preliminary 2020 revenue $353.9 million, compared to $306.5 million in 2019Preliminary fourth quarter revenue $85.7 million, compared to $87.9 million in fourth quarter 20192021 revenue guidance $375 - 405 millionPreliminary 2020 fully diluted GAAP net income $0.85 per share, compared to $0.77 per share in 2019Preliminary fourth quarter fully diluted GAAP net income $0.20 per share, compared to $0.24 per share in fourth quarter 2019Preliminary cash and investments at December 31, 2020 of $476.9 million, an increase of $161.6 million from December 31, 2019Patent Trial and Appeals Board... More