Why Novavax Stock Is Trading Higher On Wednesday? - Novavax (NASDAQ:NVAX)
3 Articles
3 Articles
Why Novavax Stock Is Trading Higher On Wednesday? - Novavax (NASDAQ:NVAX)
Novavax Inc. (NASDAQ:NVAX) shares are trading higher on Wednesday after the company reported better-than-expected first-quarter financial results. Novavax (NVAX) Q1 2026 Earnings Date And Key Catalyst The COVID-19 vaccine maker reported quarterly sales of $139.51 million, beating the $78.32 million estimate. The company reported a net loss of $9 million, compared to net income of $519 million a year ago. First quarter of 2025 net income benefite…
Novavax Stock Jumps as Pfizer Vaccine Deal Drives Big Q1 Revenue Beat
Novavax reported first-quarter revenue of $139.5 million, beating estimates as licensing and partner payments, including $30 million from Pfizer, offset weak COVID-19 vaccine sales. Shares rose 15.6% to $9.36 in afternoon trading. Product sales dropped to $42.2 million from $621.7 million a year ago. The company maintained its 2026 adjusted revenue forecast of $230 million to $270 million. The post Novavax Stock Jumps as Pfizer Vaccine Deal Driv…
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