ITI Inc (ITCI) Releases Earnings Results, Beats Expectations By $0.17 EPS

ITI Inc (ITCI) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $-0.64 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.17. Analysts had a consensus of $-0.81. Analysts expectations of $.02 million.

ITI Inc closed down -1.09 points or -2.97% at $35.63 with 4,97,212 shares getting traded on Wednesday. Post opening the session at $36.52, the shares hit an intraday low of $34.52 and an intraday high of $36.88 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Apr 20, 2016, Rory B Riggs (director) purchased 28,571 shares at $17.50 per share price. According to the SEC, on Dec 15, 2015, Sharon Mates (Chairman, President & CEO) sold 51,500 shares at $54.29 per share price. On Dec 15, 2015, Lawrence J. Hineline (VP of Finance CFO) sold 45,000 shares at $51.56 per share price, according to the Form-4 filing with the securities and exchange commission.

ITI Inc. is a United States-based company. The Company is a subsidiary of Intra-Cellular Therapies Inc.


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