Moderna reports surprise profit as it books deferred COVID vaccine sales

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Moderna (MRNA) Q1 earnings, revenue surprisingly tops consensus estimates

May 4, 2023 9:50 AM EDT

Moderna (NASDAQ: MRNA) shares opened higher Thursday on the back of its surprising earnings and revenue beat.

The drugmaker had been expected to post a $1.75 loss in the quarter, however, it reported Q1 EPS of $0.19, topping expectations by $1.94. In addition, revenue... More