Moderna (MRNA) Misses Q3 EPS by 16c, Revenues Beat

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Moderna Reports Third Quarter 2020 Financial Results and Provides Business Updates

October 29, 2020 7:00 AM EDT

Phase 3 study of COVID-19 vaccine candidate (mRNA-1273) fully enrolled with 30,000 participants, including 37% from diverse communities and 42% at high-risk of severe disease (>65 years or co-morbid risk factors)

Positive interim data from Phase 2 study of CMV vaccine candidate (mRNA-1647) announced during R&D Day; pivotal Phase 3 trial expected to begin in 2021

Received $1.1 billion of customer deposits for supply of mRNA-1273 in Q3 2020, recorded as deferred revenue

CAMBRIDGE, Mass.--(BUSINESS... More