Novocure (NVCR) Misses Q2 EPS by 15c

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Go back to Novocure (NVCR) Misses Q2 EPS by 15c

Novocure Reports Second Quarter 2021 Financial Results and Provides Company Update

July 29, 2021 6:00 AM EDT

Quarterly net revenues of $133.5 million, presenting 15% growth versus the second quarter of 2020 with 79% gross margin

Invested record $50 million in research and development initiatives across brain, thoracic and abdominal programs

ST. HELIER, Jersey--(BUSINESS WIRE)-- Novocure (NASDAQ: NVCR) today reported financial results for the quarter ended June 30, 2021, highlighting commercial strength and strategic investment across clinical, product development and commercial initiatives intended to fuel future growth. Novocure is a global oncology company working to extend survival in some of the most aggressive forms of cancer by developing and commercializing its innovative... More