Incyte Reports 2019 First Quarter Financial Results and Provides Updates on Key Clinical Programs

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Incyte (INCY) Tops Q1 EPS by 22c, Revenues Beat; Offers FY19 Revenue Guidance Below Consensus

April 30, 2019 7:12 AM EDT

Incyte (NASDAQ: INCY) reported Q1 EPS of $0.62, $0.22 better than the analyst estimate of $0.40. Revenue for the quarter came in at $498 million versus the consensus estimate of $489.03 million.

Total revenues of $498 million (+30% vs Q1 2018) and total product-related revenues of $458 million (+20% vs Q1 2018) for the quarter ended March 31, 2019Jakafi® (ruxolitinib) revenues of $376 million in Q1 2019 (+20%... More