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Corcept Therapeutics Q1 2024 Earnings Report

Corcept Therapeutics logo
$66.92 -2.98 (-4.26%)
As of 01/31/2025 04:00 PM Eastern

Corcept Therapeutics EPS Results

Actual EPS
$0.25
Consensus EPS
$0.21
Beat/Miss
Beat by +$0.04
One Year Ago EPS
$0.14

Corcept Therapeutics Revenue Results

Actual Revenue
$146.80 million
Expected Revenue
$141.19 million
Beat/Miss
Beat by +$5.61 million
YoY Revenue Growth
+38.90%

Corcept Therapeutics Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Corcept Therapeutics Earnings Headlines

Zacks Research Has Bullish Forecast for CORT Q1 Earnings
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Corcept Therapeutics price target raised to $130 from $78 at Canaccord
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About Corcept Therapeutics

Corcept Therapeutics (NASDAQ:CORT) engages in discovery and development of drugs for the treatment of severe endocrinologic, oncologic, metabolic, and neurologic disorders in the United States. It offers Korlym tablets medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous cushing's syndrome; and who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery. The company is also developing relacorilant, which is in phase III clinical trial for the treatment of cushing's syndrome; treatment for adrenal cancer and cortisol excess which is in phase 1b clinical trial; treatment for prostate cancer which is in phase II clinical trial; and nab-paclitaxel in combination with relacorilant, which is in phase III clinical trial to treat platinum-resistant ovarian tumors. In addition, it develops dazucorilant, which is in phase II clinical trial for the treatment of amyotrophic lateral sclerosis; miricorilant, which is in phase IIb trial for the treatment of nonalcoholic steatohepatitis; and treatment for antipsychotic induced weight gain that is in phase I trial. The company was incorporated in 1998 and is headquartered in Menlo Park, California.

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