Corcept Therapeutics Announces First Quarter Financial Results and Provides Corporate Update
Corcept Therapeutics Incorporated (CORT)
Last corcept therapeutics incorporated earnings: 2/20 04:05 pm
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US:NASDAQ Investor Relations:
corcept.com/investors
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Source: GlobeNewswire
MENLO PARK, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrinologic, oncologic, metabolic and neurologic disorders by modulating the effects of the hormone cortisol, today reported its results for the quarter ended March 31, 2024. Financial Results Revenue of $146.8 million, a 39 percent increase over the same period in 2023Increase in 2024 revenue guidance to $620 – $650 million, from $600 - $630 millionNet income per common share of $0.25 (diluted), compared to $0.14 in first quarter 2023Cash and investments of $451.0 million as of March 31, 2024 “There were a record number of new Korlym® prescribers in the first quarter and a record number of patients receiving Korlym. Physicians are increasingly aware that hypercortisolism is much more prevalent than was previously assumed, so they are screening more patients for the
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News
- 3 High Insider Ownership US Growth Companies With Earnings Growth Up To 70% [Yahoo! Finance]Yahoo! Finance
- Pipeline Moves: Phase III completion for Corcept's relaorilant [Yahoo! Finance]Yahoo! Finance
- Levi & Korsinsky, LLP Notifies Shareholders of Corcept Therapeutics Incorporated (CORT) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Corcept Therapeutics Incorporated (NASDAQ: CORT) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Corcept Therapeutics Incorporated (NASDAQ: CORT) had its price target raised by analysts at HC Wainwright from $38.00 to $40.00. They now have a "buy" rating on the stock.MarketBeat
CORT
Earnings
- 5/1/24 - Beat
CORT
Analyst Actions
- 4/23/24 - HC Wainwright
CORT
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 144
- 5/9/24 - Form 144
- CORT's page on the SEC website