Novocure (NVCR) Tops Q3 EPS by 1c, Revenue Miss

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Novocure Reports Third Quarter 2018 Financial Results and Provides Company Update

October 25, 2018 6:00 AM EDT

Quarterly net revenues of $64.8 million, representing 29 percent growth versus the third quarter 2017 and 5 percent growth versus the second quarter 2018

Humanitarian device exemption (HDE) application submitted to FDA for approval in malignant pleural mesothelioma

ST. HELIER, Jersey--(BUSINESS WIRE)-- Novocure (NASDAQ: NVCR) today reported financial results for the three and nine months ended September 30, 2018. The company highlighted continued revenue growth supported by commercial momentum in newly diagnosed GBM and continued clinical development progress.

Third quarter 2018 highlights include:

Three months ended

September 30,

Nine months ended

September 30,

2018 2017 % Change 2018 2017 % Change Non-financial Active patients at period end(1) 2,252... More