Novavax beats first-quarter revenue estimates on vaccine deals strength
May 6 (Reuters) - Novavax NVAX.O on Wednesday beat Wall Street estimates for first-quarter revenue, as milestone payments from vaccine supply and licensing deals helped offset pressure from sagging demand. First-quarter revenue came in at $139.5 million, topping analysts' estimate of $78.3 million, according to LSEG-compiled data. (Reporting by Siddhi Mahatole in Bengaluru; Editing by Devika Syamnath) ((siddhi.mahatole@thomsonreuters.com;))
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