BioNTech and Genmab Expand Global Strategic Collaboration to Develop and Commercialize Novel Immunotherapy Candidates

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BioNTech SE (BNTX) Slides on Vaccine Revenue Miss But Consensus Was 'Too High'

August 8, 2022 3:32 PM EDT

BioNTech SE (NASDAQ: BNTX) shares tumbled more than 9% Monday after reporting second-quarter earnings before the open.

The drugmaker posted second-quarter earnings of 6.45 per share on revenue of 3.2 billion. Earnings and revenue fell from the second quarter of 2021, where it reported a profit of 10.77 per share on revenue of $5.3 billion.

"With our strong performance year to date, we believe to be well on track to achieve our previous financial guidance for the ongoing financial year,"... More