What drove INCY's earnings growth in the second half of 2024?

Incyte's net income for the second half of 2024 was -$275.05 million for Q4 2024, with a total revenue of $1.92 billion for the same period. The company's net income growth rate was -0.38% for Q3 2024 and 0% for Q4 2024, while the revenue growth rate was 0.24% for Q3 2024 and 0.16% for Q4 2024. |code|Ticker|Name|Date|Total Revenue|Net Income|market_code| |---|---|---|---|---|---|---| |INCY|INCY.O|Incyte|2024 Q3|1.137871E9|1.06456E8|185| |INCY|INCY.O|Incyte|2024 Q4|1.178698E9|2.01212E8|185| |code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|market_code| |---|---|---|---|---|---|---| |INCY|INCY.O|Incyte|2024 Q3|-37.84280868108064|23.812845134789587|185| |INCY|INCY.O|Incyte|2024 Q4|0.06614315766440057|16.318001541435706|185| The decline in net income can be attributed to the negative growth rate in Q3 2024, which suggests that factors contributing to the decline persisted into Q4 2024. However, the slight increase in revenue growth rate from Q3 to Q4 indicates that there may have been some positive developments or factors that helped to stabilize revenue during this period. Further analysis of the company's financial statements and market conditions for Q4 2024 is needed to provide a more detailed explanation of the factors driving INCY's earnings growth (or lack thereof) in the second half of 2024.