Novavax (NVAX) Reports Q3 Loss, Tops Revenue Estimates
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Novavax (NVAX) reported a Q3 loss of $0.76 per share, which was better than the expected loss of $0.87 per share. This is an improvement from the $1.26 per share loss reported a year ago.
November 12, 2024 | 3:30 pm
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Novavax reported a Q3 loss of $0.76 per share, better than the expected $0.87 loss, and an improvement from last year's $1.26 loss.
Novavax's reported loss per share was better than expected, which is typically seen as a positive indicator for the stock price. The improvement from the previous year's loss also suggests progress, potentially boosting investor confidence.
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