Novocure (NVCR) Misses Q2 EPS by 1c, Revenues Beat

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Novocure Reports Second Quarter 2018 Financial Results and Provides Company Update

July 26, 2018 6:00 AM EDT

Quarterly net revenues of $61.5 million, representing 60 percent growth versus the second quarter 2017 and 18 percent growth versus the first quarter 2018

Submission of local coverage determination reconsideration request to the durable medical equipment Medicare administrative contractors following June CMS announcement of new payment rules for durable medical equipment products

STELLAR data in mesothelioma will be presented at IASLC in late September

ST. HELIER, Jersey--(BUSINESS WIRE)-- Novocure (NASDAQ: NVCR) today reported financial results for the three and six months ended June 30, 2018. The company also highlighted continued commercial momentum for Optune and continued clinical development progress.

 

Second quarter 2018 highlights include:

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