(RTTNews) – Novavax Inc. (NVAX) launched Loss for very first quarter that reduced from in 2015 and beat the Street price quotes.
The business’s bottom line was available in at -$147.550 million, or -$1.05 per share. This compares to -$293.905 million, or -$3.41 per share, in 2015’s very first quarter.
Experts typically had actually anticipated the business to make -$1.06 per share, according to figures assembled by Thomson Reuters. Experts’ price quotes normally omit unique products.
The business’s earnings for the quarter increased 15.9% to $93.855 million from $80.951 million in 2015.
Novavax Inc. profits at a look (GAAP):
-Earnings (Q1): -$147.550 Mln. vs. -$293.905 Mln. in 2015. -EPS (Q1): -$1.05 vs. -$3.41 in 2015. -Revenue (Q1): $93.855 Mln vs. $80.951 Mln in 2015.
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