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Stock impact report

Macrogenics Inc (MGNX) Q3 2024 Earnings Call Highlights: Revenue Surge and Strategic Developments [Yahoo! Finance]

Incyte Corporation (INCY) 
Last incyte corporation earnings: 2/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: incyte.com/ir/investor-overview.aspx
Company Research Source: Yahoo! Finance
Research and Development Expenses: $40.5 million for Q3 2024, up from $30.1 million in Q3 2023. Selling, General and Administrative Expenses: $14.1 million for Q3 2024, compared to $12.4 million in Q3 2023. Cash, Cash Equivalents, and Marketable Securities: $200.4 million as of September 30, 2024, compared to $229.8 million as of December 31, 2023. Milestone Payments: $100 million received from Incyte in August 2024. Warning! GuruFocus has detected 4 Warning Signs with MGNX. Release Date: November 05, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Macrogenics Inc ( NASDAQ:MGNX ) reported a significant increase in total revenue to $110.7 million for Q3 2024, primarily due to $100 million in milestones from Incyte. The company achieved a net income of $56.3 million for Q3 2024, a substantial increase from $17.6 million in Q3 2023. Macrogenics Inc ( NASDAQ:MGNX ) has a strong cash position with $200.4 million in Show less Read more
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