NovoCure: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 07:10 AM ET
Last Updated - Oct 30, 2024, 07:10 AM EDT
ST. HELIER, Jersey (AP) — ST. HELIER, Jersey (AP) — NovoCure Ltd. (NVCR) on Wednesday reported a loss of $30.6 million in its third quarter.
The St. Helier, Jersey-based company said it had a loss of 28 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.
The oncology drug developer posted revenue of $155.1 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $144.1 million.
