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Incyte — Oct 29, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000879169-24-000169
Open on SEC.gov ↗
Showing in the filing
Jakafi net product revenues (raised)
“$2,740 - $2,770 million”
Period
FY2024
Measure
GAAP-tied
Source
Prose
All guidance in this release · 8
Research and development one-time expenses i… for FY2024
“$791 million”
Jakafi net product revenues (raised) for FY2024
“$2,740 - $2,770 million”
Jakafi for FY2024
“$2,740 - $2,770 million”
Other Hematology/Oncology net product revenu… for FY2024
“$310 - $320 million”
Non-GAAP Cost of product revenues (2) for FY2024
“Unchanged”
GAAP Research and development expenses for FY2024
“$2,545 - $2,590 million”
Non-GAAP Research and development expenses (3) for FY2024
“$2,395 - $2,435 million”
Non-GAAP Selling, general and administrative… for FY2024
“Unchanged”
Exhibit 99.1 · the passage around this item
… earlier in the release
Incyte’s guidance is summarized below. The guidance does not include revenue from any potential new product launches or the impact of one-time items and any potential future strategic transactions. Current Previous Jakafi net product revenues $2,740 - $2,770 million $2,710 - $2,750 million Other Hematology/Oncology net product revenues (1) $310 - $320 million $325 - $360 million GAAP Cost of product revenues Unchanged 7 – 8% of net product revenues Non-GAAP Cost of product revenues (2) Unchanged 6 – 7% of net product revenues GAAP Research and development expenses $2,545 - $2,590 million $2,445 - $2,490 million Non-GAAP Research and development expenses (3) $2,395 - $2,435 million $2,295 - $2,335 million GAAP Selling, general and administrative expenses Unchanged $1,210 - $1,240 million Non-GAAP Selling, general and administrative expenses (3) Unchanged $1,115 - $1,140 million 1 Pemazyre in the U.S., EU and Japan; Monjuvi and Zynyz in the U.S.; and Iclusig and Minjuvi in the EU. 2 Adjusted to exclude the amortization of licensed intellectual property for Iclusig relating to the acquisition of the European business of ARIAD Pharmaceuticals, Inc. and the estimated cost of stock-based compensation. 3 Adjusted to exclude the estimated cost of stock-based compensation and Escient acquisition related compensation. 9 Conference Call and Webcast Information Incyte will hold a conference call and webcast this morning at 8:00 a.m. ET. To access the con
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.