Novocure Reports First Quarter 2021 Financial Results and Provides Company Update

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Go back to Novocure Reports First Quarter 2021 Financial Results and Provides Company Update

Novocure (NVCR) Misses Q1 EPS by 6c, Revenues Miss

April 29, 2021 6:26 AM EDT

Novocure (NASDAQ: NVCR) reported Q1 EPS of ($0.04), $0.06 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $134.7 million versus the consensus estimate of $139.36 million.

For the quarter ended March 31, 2021, net revenues were $134.7 million, representing 32% growth compared to the first quarter 2020.

In the United States, net revenues totaled $85.9 million in the quarter ended March 31, 2021, representing 24% growth compared to the same period in 2020.In... More