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Dublin, April 03, 2024 (GLOBE NEWSWIRE) The ....

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The Novacyt share price plunges 10%! Here's why - The Motley Fool UK

US$12.3 TRILLION out of thin air…
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Revenue increased 900% year-on-year in the second quarter of 2020 to €36m. In a trading update issued at the beginning of April, management announced revenues had increased further to €83m in the first quarter of 2021.
DHSC contract
The company’s agreement with the DHSC has been responsible for a large chunk of this growth. At the end of April 2020, Novacyt committed to supplying 288,000 of its coronavirus tests per week to the DHSC for use in the NHS. ....

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