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Incyte Corporation Announces Climb In Q1 Bottom Line

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Incyte Corporation (INCY) reported a profit for its first quarter that Increases, from last year

The company's earnings totaled $303.33 million, or $1.47 per share. This compares with $158.20 million, or $0.80 per share, last year.

Excluding items, Incyte Corporation reported adjusted earnings of $374.42 million or $1.81 per share for the period.

The company's revenue for the period rose 21.0% to $1.27 billion from $1.05 billion last year.

Incyte Corporation earnings at a glance (GAAP) :

-Earnings: $303.33 Mln. vs. $158.20 Mln. last year.
-EPS: $1.47 vs. $0.80 last year.
-Revenue: $1.27 Bln vs. $1.05 Bln last year.

-Guidance:
Full year revenue guidance: $ 4.770 B To $ 4.940 B

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