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INCY News and Press, Incyte Corporation From 05/03/22

Stock Information

Company Name: Incyte Corporation
Stock Symbol: INCY
Market: NASDAQ
Website: incyte.com

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INCY - Incyte Q1 net income drops 17% as operating expenses soar

Incyte's (NASDAQ:INCY) Q1 2022 net income fell ~17% year over year to ~$122.9M on a non-GAAP basis as the biotech was hampered in the quarter by significant increases in operating expenses. Revenue of $733.24M was a ~21.3% year over year increase but still missed Street estimates. Sales of Ja...

INCY - Incyte's (INCY) CEO Hervé Hoppenot on Q1 2022 Results - Earnings Call Transcript

Incyte Corporation (INCY) Q1 2022 Earnings Conference Call May 3, 2022 8:00 AM ET Company Participants Christine Chiou – Head-Investor Relations Hervé Hoppenot – Chairman, President and Chief Executive Officer Barry Flannelly – Executive Vice President and General Ma...

INCY - Incyte Non-GAAP EPS of $0.55 misses by $0.14, revenue of $733.24M misses by $20.3M; reaffirms FY22 guidance

Incyte press release (NASDAQ:INCY): Q1 Non-GAAP EPS of $0.55 misses by $0.14. Revenue of $733.24M (+21.3% Y/Y) misses by $20.3M. The Company has reaffirmed its full year 2022 financial guidance:  Jakafi guidance range of $2.33 to $2.4 billion for 2022 (prior $2.3 - $2.4 billion). Th...

INCY - Incyte Reports 2022 First Quarter Financial Results and Provides Updates on Key Clinical Programs

Total product and royalty revenues of $728 million in Q1’22 (+20% Y/Y) Jakafi ® (ruxolitinib) net product revenues of $544 million in Q1’22 (+17% Y/Y); raising the bottom end of full year guidance to new range of $2.33 to $2.40 billion Robust u...

INCY - 3 Top Biotech Stocks To Watch In May 2022

Are These The Best Biotech Stocks To Buy Right Now? In the stock market, many investors bank on the prospect of a company rather than what it currently has to offer. Biotech stocks would be a prime example for this investment approach. The industry includes companies that develo...

INCY - Incyte Q1 consensus EPS, revenue estimates up Y/Y

Incyte (NASDAQ:INCY) Q1 consensus EPS estimate is $0.69 (+3.0% Y/Y) and consensus revenue estimate is $753.54M (+24.6% Y/Y). INCY will report Q1 earnings results tomorrow, May 3, before market open. Over the last 2 years, INCY has beaten EPS estimates 63% of the time and revenu...

INCY - 3 Nasdaq Stocks to Buy Now for Growth

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nasdaq stocks have come under pressure this year Incyte ( INCY ): The biopharmaceutical company expects continued revenue growth from its flagship drug Ruxolitinib after the FDA approval for additional treatm...

INCY - Trading The Top 10 Stocks From 40 Large Hedge Funds: Trading Update 4/30/2022

This portfolio strategy uses the quarterly 13F filings to extract 50 consensus stocks from 40 large hedge funds that have more than $3.5 billion Assets Under Management. After the Q4-2021 13F filings the consensus holdings were updated, 7 stocks were removed and 7 added from the unive...

INCY - Incyte, Maruho ink deal for exclusive commercialization of ruxolitinib cream in Japan

Incyte (NASDAQ:INCY) and Maruho on Thursday announced a deal for exclusive commercialization of ruxolitinib cream to treat autoimmune and inflammatory dermatology indications in Japan. This is a novel cream formulation of INCY's selective JAK2 inhibitor ruxolitinib. Maruho will make an upfron...

INCY - Incyte and Maruho Announce Strategic Alliance Agreement for Ruxolitinib Cream in Japan

Incyte (NASDAQ:INCY) and Maruho Co., Ltd. today announced that the companies have entered into a Strategic Alliance Agreement for the development, manufacturing and exclusive commercialization of ruxolitinib cream, a novel cream formulation of Incyte’s selective JAK2 inhibitor ru...

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