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MRNA / Moderna stock seen higher on better-than-feared earnings

Moderna Therapeutics Inc (NASDAQ:MRNA) stock points higher in premarket as it reported better than feared second quarter earnings The mNRA vaccine maker reported a net loss of US$1.4 billion on US$300 million of revenue in its second quarter, representing a US$3.62 loss per share – versus market expectations of US$3.84 per share. Chief executive Stéphane Bancel pointed to the ‘seasonal nature' of Covid-19 as Moderna's outlook forecast full year 2023 Covid-19 vaccine sales between US$6 billion and US$8 billion, depending on Covid vaccination rates in the US. Read More

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Posted: Aug 3 2023, 07:24

Author Name: Proactive Investors

MRNA News

By The Motley Fool
November 4, 2023

Moderna May Be Facing Its Toughest Moment Ever. Time to Sell?

Moderna reported a billion-dollar loss in the third quarter and began downsizing its manufacturing infrastructure to match lower levels of vaccine dem

By Zacks Investment Research
November 3, 2023

Moderna (MRNA) Reports Q3 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Moderna (MRNA) give a sense of how its business performed in the quarter ended September 2023, it might be worth cons

By Yahoo Finance
November 2, 2023

Moderna CEO discusses earnings and how the company aims to break even by 2026

While boasting a third-quarter revenue beat, biotech firm Moderna (MRNA) reported an overwhelmingly higher-than-expected loss of $9.53 per share. Its

By Investopedia
November 2, 2023

Moderna Shares Slide After Posting a Loss on Falling COVID-19 Vaccine Sales and Production

Moderna (MRNA) shares tumbled over 6% Thursday after reporting a steep loss as the drug maker lost sales and cut back on making its COVID-19 vaccine,

By Seeking Alpha
November 2, 2023

Moderna, Inc. (MRNA) Q3 2023 Earnings Call Transcript

Moderna, Inc. (NASDAQ:MRNA ) Q3 2023 Earnings Conference Call November 2, 2023 8:00 AM ET Company Participants Lavina Talukdar - Head of Investor Rela

By Proactive Investors
November 2, 2023

Moderna stock plummets on 3Q loss and weak sales guidance

Moderna Therapeutics Inc (NASDAQ:MRNA) stock moved lower on Thursday after the drugmaker's weak full-year sales forecast and a significant loss for th

By CNBC Television
November 2, 2023

Moderna posts quarterly loss as company takes $1.3 billion write-down on unused Covid shots

CNBC's Becky Quick reports on the company's quarterly earnings results.

By Reuters
November 2, 2023

Moderna revenue tops expectations, expects to return to sales growth in 2025

Moderna on Thursday said it expected 2023 revenue of at least $6 billion, a decline reflecting weaker demand for COVID-19 vaccines this year, but that

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