Novocure Reports Second Quarter 2020 Financial Results and Provides Company Update

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Go back to Novocure Reports Second Quarter 2020 Financial Results and Provides Company Update

Novocure (NVCR) Tops Q1 EPS by 2c, Revenues Beat

July 30, 2020 6:22 AM EDT

Novocure (NASDAQ: NVCR) reported Q1 EPS of $0.02, $0.02 better than the analyst estimate of $0.00. Revenue for the quarter came in at $115.9 million versus the consensus estimate of $106.03 million.

Quarterly net revenues of $115.9 million, representing 34 percent growth versus the second quarter 2019 and 14 percent growth versus the first quarter 2020Financial strength allows for continued investments in clinical and product innovation

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