Stock Track | Corcept Therapeutics Plunges 5.43% After-Hours on Q4 Earnings and Revenue Misses

Stock Track

02/25

Corcept Therapeutics' stock experienced a significant after-hours plunge of 5.43% on Tuesday, following the release of its fourth-quarter financial results.

The company reported Q4 earnings per share of $0.20, which fell short of the consensus estimate of $0.27. Revenue for the quarter was $202.125 million, missing analyst expectations of $254.936 million. This represents a substantial revenue shortfall and contributed to a 21% decline in net income compared to the previous year.

Operational disruptions during a pharmacy transition impacted the company's ability to meet demand, according to the earnings report. Despite these challenges, Corcept provided forward guidance projecting full-year 2026 revenue between $900 million and $1,000 million.

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