-+ 0.00%
-+ 0.00%
-+ 0.00%
NovoCure: Q3 Earnings Snapshot
Share
Listen to the news

ST. HELIER, Jersey (AP) — ST. HELIER, Jersey (AP) — NovoCure Ltd. (NVCR) on Thursday reported a loss of $10.4 million in its third quarter.

On a per-share basis, the St. Helier, Jersey-based company said it had a loss of 9 cents.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.

The oncology drug developer posted revenue of $193.4 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $183.3 million.

NovoCure expects full-year revenue in the range of $736 million to $743 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVCR at https://www.zacks.com/ap/NVCR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending