NovoCure Q3 Loss Narrows, Net Revenue Increases

MT Newswires Live

2024/10/30

NovoCure (NVCR) reported a Q3 loss Wednesday of $0.28 per diluted share, narrower than a loss of $0.46 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.33.

Net revenue for the quarter ended Sept. 30 was $155.1 million, up from $127.3 million a year earlier.

Analysts surveyed by Capital IQ expected $144 million.

Price: 16.53, Change: -0.09, Percent Change: -0.54

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