Incyte's (INCY) Q1 Earnings & Revenues Fall Shy of Estimates [Yahoo! Finance]
Incyte Corporation (INCY)
Last incyte corporation earnings: 2/13 07:00 am
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US:NASDAQ Investor Relations:
incyte.com/ir/investor-overview.aspx
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Source: Yahoo! Finance
The company had recorded earnings of 37 cents per share in the year-ago quarter. Total revenues in the reported quarter were $881 million, which grew 9% year over year, driven by the sustained performance of its lead drug, Jakafi (ruxolitinib), and increased sales of Opzelura (ruxolitinib) cream on strong launch and demand. The top line, however, missed the Zacks Consensus Estimate of $935.8 million. Quarter in Detail Jakafi's (a first-in-class JAK1/JAK2 inhibitor approved for polycythemia vera, myelofibrosis and refractory acute graft-versus-host disease) revenues came in at $571.8 million, down 1% from the year-ago quarter, owing to inventory drawdown. Jakafi's sales missed the Zacks Consensus Estimate of $634 million. Opzelura (ruxolitinib) cream generated $85.7 million in sales, increasing 52% year over year but missing the Zacks Consensus Estimate of $100 million. The year-over-year rise in sales was driven by patient demand and expansion in payer coverage as launch in at
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News
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- Here's Why Incyte (INCY) Stock is Up More Than 7% in a Week [Yahoo! Finance]Yahoo! Finance
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INCY
Earnings
- 4/30/24 - Miss
INCY
Sec Filings
- 5/15/24 - Form SC
- 5/13/24 - Form SC
- 5/13/24 - Form SC
- INCY's page on the SEC website