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0 0.000648088139987024 -0.0213869086195723 -0.0181464679196371 -0.0251587815942968 -0.0272197018794556 -0.0412924173687623 -0.0278677900194426
Stock impact report

Novavax Reports Smaller Q4 Loss, Shifts Focus From Commercializing COVID-19 Vaccine To Maximize Value [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
On Thursday, Novavax Inc (NASDAQ: NVAX ) reported fourth-quarter 2024 sales of $88.31 million, compared to $291 million a year, beating the consensus of $84.35 million . The decrease was due to lower product sales under APA agreements. The COVID-19 vaccine maker reported an earning loss of 51 cents per share, down from $1.44 a year ago, in line with the Wall Street Estimate Also Read: Wegovy Maker Novo Nordisk To Buy Novavax's Czech Republic Manufacturing Facility For $200 Million “In 2024, we unveiled our new corporate growth strategy, shifting our focus from commercializing our COVID-19 vaccine to maximizing the value of our cutting-edge technology platform through pipeline expansion and partnerships for our development-stage vaccine candidates and our Matrix-M adjuvant,” said John C. Jacobs, President and Chief Executive Officer, Novavax. “As we look to 2025 and beyond, we believe we are well positioned to potentially create significant value for all stakeholders.” Nuvaxov Show less Read more
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