GAITHERSBURG, Md. (AP) — GAITHERSBURG, Md. (AP) — Novavax Inc. (NVAX) on Thursday reported a loss of $53.4 million in its second quarter.
On a per-share basis, the Gaithersburg, Maryland-based company said it had a loss of 32 cents.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 36 cents per share.
The vaccine maker posted revenue of $56.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $50 million.
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