Moderna (MRNA) Tops Q2 EPS by 4c, Revenues Beat

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Moderna Reports Second Quarter 2020 Financial Results and Provides Business Updates

August 5, 2020 7:00 AM EDT

Ended quarter with $3.1 billion in cash, cash equivalents and investments

Moderna has received approximately $400 million of customer deposits as of July 31, 2020 for potential supply of mRNA-1273

Moderna updates 2020 guidance to reflect investments into mRNA-1273; the Company now expects net cash used in operating activities and for purchases of property and equipment to be between $0.65 to $0.85 billion, including the benefit of customer deposits received as of July 31, 2020

Phase 3 study of mRNA-1273 being conducted in collaboration with NIH and BARDA on track to complete... More