Novavax (NVAX) Reports Q2, Issues Operational Update
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Novavax (NVAX) shares tumble as Q2 results miss estimates, guidance cut
August 8, 2024 8:57 AM UTCNovavax (NASDAQ: NVAX) shares plunged 13.8% premarket Thursday after the vaccine maker reported second-quarter results that missed analyst expectations and lowered its full-year revenue guidance.
The company posted adjusted earnings per share of $0.99, falling short of the $1.67 consensus estimate. Revenue came in at $415 million, below the $464.83 million analysts were expecting and down slightly from... More
