Novavax: 2Q Earnings Snapshot

GAITHERSBURG, Md. (AP) _ Novavax Inc. (NVAX) on Monday reported a loss of $17.5 million in its second quarter.

The Gaithersburg, Maryland-based company said it had a loss of 30 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share.

The vaccine maker posted revenue of $35.5 million in the period.


Novavax shares have climbed forty-fourfold since the beginning of the year. In the final minutes of trading on Monday, shares hit $178.51, climbing fortyfold in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on NVAX at

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