Loss-Making Novavax, Inc. (NASDAQ:NVAX) Set To Breakeven

By Yahoo! Finance | Aug 3, 2024 at 09:59 AM EST

Novavax, Inc. is nearing breakeven according to industry analysts, expecting profitability in 2024 after a final loss in 2023. With a projected 70% yearly growth rate, the company's path to profitability looks optimistic. However, negative equity on its balance sheet raises concerns.

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