WASHINGTON (dpa-AFX) - Incyte Corp. (INCY) on Tuesday reported net income of
$201.10 million or $0.89 per share for the fourth quarter, sharply higher than
$28.46 million or $0.13 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter was $1.06 per share,
compared to $0.62 per share in the year-ago quarter.

Total revenues for the quarter rose 9 percent to $1.01 billion from $926.70
million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report
earnings of $1.16 per share on revenues of $1.0 billion for the quarter.
Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2024, Incyte now projects Jakafi net product revenue in
a range of $2.69 billion to $2.75 billion. Other Hematology/Oncology net product
revenues are projected between $325 million and $360 million.

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