Novavax quarterly revenue misses estimate on weak COVID vaccine sales-February 2024-www.financetom.com

Novavax quarterly revenue misses estimate on weak COVID vaccine sales

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Novavax quarterly revenue misses estimate on weak COVID vaccine sales

Aug 8, 2024 5:07 AM

Aug 8 (Reuters) - Novavax ( NVAX ) reported

second-quarter revenue that was below analysts' estimates on

Thursday due to lower-than-expected sales of its COVID-19

vaccine.

The company recorded $415.5 million in total revenue in the

second quarter, lower than analysts' average estimate of $458.6

million, according to LSEG data.

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