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Intra-Cellular: Q1 Earnings Snapshot
By AP News - May 04, 2023, 07:48 AM ET
Last Updated - Jun 21, 2023, 10:55 PM EDT
NEW YORK (AP) — NEW YORK (AP) — Intra-Cellular Therapies Inc. (ITCI) on Thursday reported a loss of $44.1 million in its first quarter.
The New York-based company said it had a loss of 46 cents per share.
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The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 63 cents per share.
The biopharmaceutical company posted revenue of $95.3 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $92.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a ITCI">Zacks stock report on ITCI at https://www.zacks.com/ap/ITCI
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