Geovax Labs, Inc. ( (GOVX) ) has released its Q3 earnings. Here is a breakdown of the information Geovax Labs, Inc. presented to its investors.
GeoVax Labs, Inc., a clinical-stage biotechnology company based in Smyrna, Georgia, focuses on developing vaccines for infectious diseases and cancer therapies. In its latest earnings report, GeoVax highlighted significant advancements, including a government contract for its COVID-19 vaccine and ongoing clinical trials. The company reported a net loss of $5.8 million for the third quarter of 2024, an improvement from the previous year’s loss. This was accompanied by increased revenue from a government contract and a decrease in general and administrative expenses. Looking forward, GeoVax plans to secure additional funding to continue its research and development activities, aiming to advance its clinical programs and explore strategic partnerships.
