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Stock impact report

Corcept (CORT) Q4 Earnings Beat Estimates, Korlym Sales Grow [Yahoo! Finance]

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: Yahoo! Finance
The company reported earnings of 14 cents per share in the year-ago quarter. Revenues increased 31% year over year to $135.4 million. The figure beat the Zacks Consensus Estimate of $130 million. The top line solely comprises product sales of Cushing's syndrome drug, Korlym. Corcept Therapeutics Incorporated Price, Consensus and EPS Surprise Corcept Therapeutics Incorporated price-consensus-eps-surprise-chart | Corcept Therapeutics Incorporated Quote Quarter in Detail Revenues from Korlym met our model estimate of $135.4 million. Research and development expenses surged 48.8% year over year to $54.7 million. Selling, general and administrative expenses increased around 11.4% year over year to $47.1 million. Consequently, operating expenses increased to $103.7 million, up 28.8% from the quarter-ago quarter's level. Corcept's shares lost 20% in the past six months against the industry growth of 4.3%. Image Source: Zacks Investment Research Cash and investments as o Show less Read more
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