Novocure (NVCR) Tops Q3 EPS by 4c

Go back to Novocure (NVCR) Tops Q3 EPS by 4c

Novocure Reports Third Quarter 2017 Financial Results and Provides Company Update

October 26, 2017 6:00 AM EDT

Third quarter 2017 net revenues of $50.1 million, reflecting 131 percent growth versus third quarter 2016 and 31 percent growth versus second quarter 2017

1,683 active patients at September 30, 2017, an increase of 71 percent from September 30, 2016, and 15 percent from June 30, 2017

Third quarter 2017 cash flow from operations of $2.5 million, the first quarter with positive cash flow from operations in Novocures history

ST. HELIER, Jersey--(BUSINESS WIRE)-- Novocure (NASDAQ: NVCR) today reported financial results for the three and nine months ended September 30, 2017, highlighting year-over-year and sequential growth in active patients and... More