Incyte (INCY) Q2 results: Revenues: $529.9M (+1.6%); Jakafi revenue: $409.5M (+18.5%); Iclusig revenue: $24.4M (+22.6%); Jakavi royalty revenues: $56.9M (+20.8%); Olumiant royalty revenues: $19.1M (+114.6%); Milestone and contract revenues: $20M (-80.0%).
Net Income: $105.3M (+101.0%); EPS: $0.48 (+100.0%); Non-GAAP Net Income: $162.5M (+19.5%); Non-GAAP EPS: $0.75 (+19.0%).
2019 Guidance: Jakafi sales: $1.61B – 1.65B from $1.58B – 1.65B; Iclusig sales: $90M – 100M (unch).
Previously: Incyte EPS beats by $0.25, beats on revenue (July 30)
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