WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — 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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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INCY at https://www.zacks.com/ap/INCY