Novavax (NVAX) Misses Q2 EPS by $12.03, Cuts FY Guidance

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Novavax (NVAX) Cuts Full-Year Forecast as Vaccine Sales Decline

August 8, 2022 4:26 PM EDT

American biotechnology company Novavax (NASDAQ: NVAX) reported earnings aftermarket Monday.

The company reported a loss per share of $6.53, $12.03 worse than the analyst estimate of $5.50, and widening from the loss of $4.75 per share during the same period in 2021. Meanwhile, revenue fell year-over-year to $186... More