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Stock impact report

Why Is Intra-Cellular (ITCI) Up 2.2% Since Last Earnings Report? [Yahoo! Finance]

Intra-Cellular Therapies Inc. (ITCI) 
Last intra-cellular therapies inc. earnings: 3/2 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Intra-Cellular due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Intra-Cellularreported third-quarter 2024 loss of 25 cents per share, wider than the Zacks Consensus Estimate of a loss of 18 cents. The company had incurred a loss of 25 cents per share in the year-ago quarter. Total revenues, comprising product sales and grant revenues, came in at $175.4 million, up 39% year over year. The top line beat the Zacks Consensus Estimate of $172 million. Net product revenues, comprising Caplyta sales, were up 39% year over year to $175.2 million on the back of strong prescription uptake. Per Intra-Cellular, Caplyta prescriptions jumped 38% year over year and 9% sequentially, reflecting its continued strong uptake in market share gains in bipol Show less Read more
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