|
|
Corcept Therapeutics Inc (CORT) |
|
Price: $32.9900
$0.62 
1.915%
|
| Day's High:
| $33.16
| Week Perf:
| 4.27 %
|
| Day's Low: |
$ 32.11 |
30 Day Perf: |
0.49 % |
| Volume (M): |
585 |
52 Wk High: |
$ 34.28 |
| Volume (M$): |
$ 19,309 |
52 Wk Avg: |
$24.75 |
| Open: |
$32.29 |
52 Wk Low: |
$17.86 |
|
|
| Market Capitalization (Millions $) |
3,615 |
| Shares
Outstanding (Millions) |
110 |
| Employees |
289 |
| Revenues (TTM) (Millions $) |
428 |
| Net Income (TTM) (Millions $) |
94 |
| Cash Flow (TTM) (Millions $) |
137 |
| Capital Exp. (TTM) (Millions $) |
0 |
Corcept Therapeutics Inc
Corcept Therapeutics Inc. is an American pharmaceutical company that is focused on the discovery, development, and commercialization of drugs that target cortisol to treat severe metabolic, oncologic, and psychiatric disorders.
The company was founded in 1998 by Dr. Joseph Belanoff and is headquartered in Menlo Park, California. Its primary drug is mifepristone, which is an oral medication that is used to treat Cushing's Syndrome, a rare hormonal disorder that is caused by the overproduction of cortisol. Mifepristone has been FDA-approved since 2012 and is marketed under the brand name Korlym.
In addition to Korlym, Corcept has a pipeline of proprietary drugs, including CORT125134, CORT118335, and CORT125281 that are currently in various stages of clinical development. These drugs target several different indications, such as triple-negative breast cancer, ovarian cancer, and Cushing's Syndrome.
Corcept has a seasoned management team that has extensive experience in the biopharmaceutical industry. The company is led by Dr. Joseph Belanoff, who serves as its Chief Executive Officer and President. He co-founded the company and has a long history of working in the field of psychiatry and endocrinology. The company's Chief Medical Officer is Dr. Paris Panayiotopoulos, who has over 25 years of experience in clinical development and is responsible for overseeing the clinical development of Corcept's drug candidates.
Corcept has a strong intellectual property portfolio, with numerous patents and patent applications that cover its proprietary drugs and technologies. The company also has collaborations with several academic institutions and research organizations to advance its drug development programs.
In 2020, Corcept reported total revenues of $421 million and had a net income of $230.4 million. The company has a market capitalization of approximately $6 billion as of August 2021 and is publicly traded on the NASDAQ stock exchange under the ticker symbol CORT.
Company Address: 149 Commonwealth Drive Menlo Park 94025 CA
Company Phone Number: 327-3270 Stock Exchange / Ticker: NASDAQ CORT
| CORT is expected to report next financial results on November 02, 2023. |
|
|
|
|
|
|
|
|
| Stock Performances by Major Competitors |
|
|
|
|
Immuron Limited
In the financial fourth quarter of 2023, Immuron Limited, a major pharmaceutical preparations company, reported its financial results, which revealed a decrease in revenue and widened net loss. These figures mark a notable change compared to the corresponding financial reporting period from the previous year. This article aims to examine the context behind Immuron Limited's financial results, including its stock performance and implications for investors.
Financial Results:
Immuron Limited disclosed a revenue of $1.480365 million in the financial fourth quarter of 2023 after experiencing a net loss of $-3.787 million. These figures signify a departure from balanced books in the corresponding period a year earlier. Additionally, in the financial year 2023, the company announced a loss of $-3.79 million alongside a revenue of $1.48 million. In comparison to the prior financial year, the net loss per share has widened from $-1.25 to $-1.66, indicating a financial decline. However, it is important to note that the net loss remained unchanged from $0.00 million a year earlier.
|
|
Procyon Corporation
Procyon Corporation recently released their financial results for the fourth quarter of the 2023 earnings season. While the company reported unaltered earnings per share (EPS), a decline in revenue and other key indicators raises concerns about the company's future performance. This article aims to interpret the financial results and discuss their potential impact on Procyon Corporation going forward.
1. Earnings per Share (EPS) and Revenue Performance:
Procyon Corporation maintained an EPS of $0.00 in the fourth quarter, suggesting stability in their profitability. However, the company experienced a modest revenue decline of -0.589% year-on-year, amounting to $1.20 million. This decline sets Procyon apart from the rest of the Major Pharmaceutical Preparations industry, which recorded a revenue improvement during the same period.
|
|
Innovation Pharmaceuticals Inc
Innovation Pharmaceuticals Inc, a pharmaceutical company, recently announced its financial results for the fiscal year ending June 30, 2023. During this period, the company achieved a break-even point of $0.00 per share, which was the same as the previous year and the previous quarter.
However, the company did not generate any revenue during this quarter, remaining at $0.00 million, the same as the previous year and quarter. This indicates that there was no growth in the company's revenue during this period.
Additionally, Innovation Pharmaceuticals Inc reported a net shortfall of $-0.681 million for the fiscal year ending June 30, 2023. This is a significant improvement compared to the deficit of $-1.626 million reported in the same quarter a year ago. Although still in a shortfall, the company has managed to reduce its losses, which may indicate positive efforts in managing their expenses.
|
|
Palatin Technologies Inc
Financial News Report:
Palatin Technologies Inc Reports Strong Revenue Growth in Q4 2023, Despite Stock Deficit
Palatin Technologies Inc (PTN) has announced a substantial revenue advancement of 109.038% year on year to $1.76 million in the fourth quarter of 2023. However, the company posted a deficit per stock at $-0.98. Despite the stock deficit, PTN's revenue experienced significant growth compared to its peers in the Major Pharmaceutical Preparations industry. Most corporations in this industry saw an average revenue advance of 3.04% during the same period.
In comparison to the preceding reporting period, PTN's revenue surged by 47.359% from $1.20 million and the deficit improved from $0.00 per share. This strong revenue growth indicates a positive trend for Palatin Technologies Inc.
|
|
Ibio Inc
In the aftermath of Ibio Inc's recently released fourth-quarter earnings report, the company appears to be grappling with mounting losses and a steep decline in its share value. The financial results for the quarter ended in 2023 revealed a concerning trend of escalating losses for the biotechnology firm.
Earnings Overview:
During the fourth quarter of the 2023 earnings season, Ibio Inc reported a significant increase in its loss per share compared to the same period in the prior year. The loss per share surged from $-0.10 a year ago to $-0.97, representing a substantial deterioration. Additionally, the company witnessed a sequential increase in losses, reaching $-0.55 per share from the previous financial reporting period.
|
| Per Share |
Current |
| Earnings (TTM) |
0.84 $ |
| Revenues (TTM) |
3.91 $
|
| Cash Flow (TTM) |
1.25 $ |
| Cash |
3.31 $
|
| Book Value |
3.85 $
|
| Dividend (TTM) |
0 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
0.84 $
|
| Revenues (TTM) |
3.91 $ |
| Cash Flow (TTM) |
1.25 $ |
| Cash |
3.31 $
|
| Book Value |
3.85 $ |
| Dividend (TTM) |
0 $ |
|
|
|
|
