Moderna stock plunges as guidance cut on low EU sales, U.S. vaccine competition
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Moderna Reports Second Quarter 2024 Financial Results and Provides Business Updates
August 1, 2024 6:33 AM EDTReports second quarter revenues of $241 million, GAAP net loss of $1.3 billion and GAAP EPS of $(3.33)
Updates 2024 financial framework and revises expectations for product sales to $3.0 to $3.5 billion
Received U.S. FDA approval for RSV vaccine, mRESVIA, and began shipping in July; received EMA positive opinion in June
Announced positive Phase 3 data for combination vaccine against influenza and COVID-19
Announced positive Phase 3 data for next-generation COVID-19 vaccine
CAMBRIDGE, MA / ACCESSWIRE / August 1, 2024 / Moderna, Inc. (NASDAQ:... More
