NovoCure: Q1 Earnings Insights

NovoCure NVCR reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

NovoCure missed estimated earnings by 56.25%, reporting an EPS of $-0.5 versus an estimate of $-0.32.

Revenue was down $15.37 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 1.67% drop in the share price the next day.

Here's a look at NovoCure's past performance:

To track all earnings releases for NovoCure visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.