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Stock impact report

Corcept Therapeutics Provides Financial Update and Announces Stock Repurchase Program

Corcept Therapeutics Incorporated (CORT) 
Last corcept therapeutics incorporated earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: corcept.com/investors
Company Research Source: GlobeNewswire
MENLO PARK, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of medications to treat severe endocrine, oncology, metabolism and neurology disorders by modulating the effects of the hormone cortisol, today reported preliminary, unaudited, financial results for the quarter- and year-ended December 31, 2023, provided 2024 revenue guidance and announced a stock repurchase program. Financial Update Fourth quarter revenue of $135.4 million, a 31 percent increase over the same period in 2022Full year 2023 revenue of $482.4 million, a 20 percent increase over 20222024 revenue guidance of $600 – $630 millionCash and investments of $425.4 million as of December 31, 2023Announcement of $200 million stock repurchase program “As the true prevalence of hypercortisolism and its devastating impact become better understood, physicians are identifying and treating more patients with Show less Read more
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