Moderna (MRNA) Tops Q4 EPS by $1.54, Beats on Revenue, Reaffirms COVID-19 Vax Guidance

Go back to Moderna (MRNA) Tops Q4 EPS by $1.54, Beats on Revenue, Reaffirms COVID-19 Vax Guidance

Moderna Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Updates

February 22, 2024 6:42 AM EST

Posts fourth quarter revenues of $2.8 billion, GAAP net income of $217 million and GAAP diluted EPS of $0.55

Reports full-year revenues of $6.8 billion, GAAP net loss of $(4.7) billion and GAAP diluted EPS of $(12.33); loss primarily driven by mostly non-cash charges of $3.7 billion related to resizing and a tax valuation allowance

Reaffirms 2024 expected product sales of approximately $4 billion

Expects regulatory approvals for its investigational RSV vaccine for older adults beginning in first half of 2024, and anticipates additional key milestones from its late-stage pipeline this year

CAMBRIDGE, MA / ACCESSWIRE /... More

Moderna Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Updates

February 22, 2024 6:41 AM EST

Posts fourth quarter revenues of $2.8 billion, GAAP net income of $217 million and GAAP diluted EPS of $0.55

Reports full-year revenues of $6.8 billion, GAAP net loss of $(4.7) billion and GAAP diluted EPS of $(12.33); loss primarily driven by mostly non-cash charges of $3.7 billion related to resizing and a tax valuation allowance

Reaffirms 2024 expected product sales of approximately $4 billion

Expects regulatory approvals for its investigational RSV vaccine for older adults beginning in first half of 2024, and anticipates additional key milestones from its late-stage pipeline this year

CAMBRIDGE, MA / ACCESSWIRE /... More