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Incyte reports Q3 EPS $2.26, consensus $1.64

Reports Q3 revenue $1.37B, consensus $1.25B. “Our third-quarter results demonstrate strong growth across our product portfolio, with net product revenues increasing 19% year-over-year, which highlights the momentum in our business and effective commercial execution,” said Bill Meury, president and CEO, Incyte (INCY). “We are taking a deliberate approach to pipeline prioritization. We are actively reviewing our R&D efforts and focusing on high-value programs that are scientifically differentiated, address unmet medical needs, and have the potential to significantly drive Incyte’s next phase of growth.”

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