UPDATE: Novavax Q2 EPS $0.58 Beats $(1.24) Estimate, Sales $424.43M Beat $257.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
Novavax reported Q2 earnings of $0.58 per share, beating the analyst consensus estimate of $(1.24) by 146.77%. This is a 108.88% increase over losses of $(6.53) per share from the same period last year. The company also reported quarterly sales of $424.43 million, beating the analyst consensus estimate of $257.62 million by 64.75%. This is a 128.28% increase over sales of $185.93 million the same period last year.

August 08, 2023 | 10:53 am
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Novavax's Q2 earnings and sales significantly beat estimates, indicating a strong financial performance.
Novavax's Q2 earnings and sales have significantly exceeded analyst estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
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