Bavarian Nordic Beats Q3 Revenue Expectations

Bavarian Nordic posted third quarter revenue of 1.81 billion Danish crowns, beating analyst estimates. The growth was driven by strong demand in its travel health business.

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FILE PHOTO: Undated handout picture of a Bavarian Nordic smallpox and mpox vaccine manufacturing line obtained by Reuters on August 16, 2024. Bavarian Nordic/Carsten Andersen/Handout via REUTERS/File Photo

BAVARIAN NORDIC A/S posted third-quarter revenue of 1.81 billion Danish crowns ($267.81 million) on Friday morning, beating analyst consensus expectations of 1.69 billion. The Danish vaccine maker's performance was driven by a continued surge in travel health product sales. The beat underscores robust demand for travel-related immunizations, offsetting volatility in the preparedness-vaccine segment.