Corcept Therapeutics Announces Fourth Quarter and Full-Year 2021 Audited Financial Results and Provides Corporate Update
Corcepts fourth quarter 2021 revenue was $98.8 million, compared to $85.7 million in the fourth quarter of 2020.
- Corcepts fourth quarter 2021 revenue was $98.8 million, compared to $85.7 million in the fourth quarter of 2020.
- GAAP net income was $32.1 million in the fourth quarter of 2021, compared to $26.0 million in the fourth quarter of 2020.
- For the full year, it was $112.5 million in 2021, compared to $106.0 million in 2020.
- Cash and investments of $335.8 million at December 31, 2021 reflects the purchase of ten million shares of Corcept common stock for $207.5 million in the fourth quarter 2021.