WILMINGTON, Del. (AP) 鈥� WILMINGTON, Del. (AP) 鈥� Incyte Corp. (INCY) on Tuesday reported first-quarter earnings of $303.3 million.
On a per-share basis, the Wilmington, Delaware-based company said it had net income of $1.47. Earnings, adjusted for one-time gains and costs, came to $1.81 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.
The specialty drugmaker posted revenue of $1.27 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $1.22 billion.
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