Novan: Q1 Earnings Snapshot
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Novan: Q1 Earnings Snapshot

Last Updated May 11, 2021 at 5:55 pm ADT

MORRISVILLE, N.C. (AP) _ Novan Inc. (NOVN) on Tuesday reported a loss of $9 million in its first quarter.

On a per-share basis, the Morrisville, North Carolina-based company said it had a loss of 6 cents.

The drug development company posted revenue of $819,000 in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $1.16. A year ago, they were trading at 39 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOVN at https://www.zacks.com/ap/NOVN

The Associated Press

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