Novavax beats quarterly revenue estimates on milestone payment-February 2024-www.financetom.com

Novavax beats quarterly revenue estimates on milestone payment

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Novavax beats quarterly revenue estimates on milestone payment

Aug 6, 2025 5:34 AM

Aug 6 (Reuters) - Novavax ( NVAX ) beat Wall Street

expectations for second-quarter revenue on Wednesday, helped by

a $175 million milestone payment related to U.S. approval of its

COVID-19 vaccine in May.

The biotech reported total revenue of $239 million, compared

with analysts' average estimate of $147.96 million, according to

data compiled by LSEG.

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