Novavax (NVAX) Misses Q1 EPS by 13c; Offers FY22 Revenue Guidance

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Go back to Novavax (NVAX) Misses Q1 EPS by 13c; Offers FY22 Revenue Guidance

Novavax Reports First Quarter 2022 Financial Results and Operational Highlights

May 9, 2022 4:02 PM EDT

Achieved revenue of $704 million and net income of $203 million highlighting the first profitable quarter as a commercial stage companyReiterating full year 2022 total revenue guidance of between $4 and $5 billionContinued label expansion including primary, booster and adolescent authorizations and new shipments of Nuvaxovid into European Union, Canada, South Korea, Australia Thailand, Singapore and New Zealand Submitted request for EUA to U.S. FDA for NVX-CoV2373, with FDA Advisory Committee meeting scheduled for June 7th Announced positive Phase 1/2 results of COVID-19-Influenza Combination vaccine candidate confirming... More