earnings
confidence high
sentiment positive
materiality 0.85
Corcept Q4/FY2024: Revenue $675M (+40%), Net Income $141M; Guides 2025 $900-950M
CORCEPT THERAPEUTICS INC
2024-FY EPS reported
$1.23
revenue$675,040,000
- Q4 revenue $181.9M vs $135.4M YoY; FY revenue $675.0M (+40% YoY).
- FY net income $141.2M ($1.23 diluted EPS) vs $106.1M ($0.94) in 2023.
- 2025 revenue guidance $900-$950M; cash and investments $603.2M at Dec 31, 2024.
- NDA submitted for relacorilant for hypercortisolism; ROSELLA Phase 3 data expected this quarter.
- DAZALS Phase 2 in ALS missed primary endpoint; showed survival benefit (0 vs 5 deaths at 24 weeks, p=0.02).