earnings
confidence high
sentiment neutral
materiality 0.65
Novocure reports preliminary 2023 revenue $509M (-5% YoY); NSCLC PMA submitted to FDA
NovoCure Ltd
2023-FY EPS reported
-$1.95
revenue$509,338,000
- Preliminary FY 2023 net revenues $509.3M, down 5% YoY on reduced US claim collections.
- Q4 2023 net revenues $133.8M, up 4% YoY; US contributed $91.3M, Germany $14.7M.
- 1,564 prescriptions in Q4 (+14% YoY); 3,755 active patients (+9% vs Q4 2022).
- PMA application for TTFields in NSCLC submitted to FDA/PMDA in December 2023.
- Appointed Dr. Nicolas Leupin as Chief Medical Officer effective Jan 1, 2024.