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Stock impact report

Novavax Inc (NVAX) Q3 2024 Earnings Call Highlights: Strategic Partnerships and Financial ... [Yahoo! Finance]

Novavax, Inc. (NVAX) 
Last novavax, inc. earnings: 3/11 04:17 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.novavax.com/investor-relations
Company Research Source: Yahoo! Finance
Cost of Sales: $61 million for Q3 2024, compared to $99 million in Q3 2023. R&D and SG&A Expenses: $158 million for Q3 2024, a 26% reduction from Q3 2023. Cash Position: Over $1 billion in cash and accounts receivables at the end of Q3 2024. Revised Full Year 2024 Revenue Guidance: $650 million to $700 million. Revised Full Year 2024 Product Sales Guidance: $175 million to $225 million. Licensing, Royalties, and Other Revenue Guidance: Increased to $475 million for full year 2024. Future Milestones: Up to $700 million in near-term COVID-19 and flu/COVID combination milestones under the Sanofi Agreement. Warning! GuruFocus has detected 4 Warning Signs with NVAX. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Novavax Inc ( NASDAQ:NVAX ) has established a strategic partnership with Sanofi, which will lead to double-digit royalties from Sanofi's sales of the COVID-19 vaccine starting Show less Read more
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