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Moderna Analyst Day: Details Strategic Shift Toward Oncology and Enhanced Production Capabilities.
Moderna lifts annual revenue forecast on strong COVID vaccine demand overseas
Moderna on Friday smashed third-quarter revenue and earnings estimates and hiked its outlook for full-year sales growth, as some of its newer products gain momentum and Covid vaccine revenue outperforms.
See more from the earnings report:
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Moderna lifts annual revenue forecast on strong COVID vaccine demand overseas
Moderna Q3 Earnings:
- Rev: $1.31B (est $888.1M)
- EPS: 38c (est loss/shr $1.09)
- R&D Expenses: $583M (est $750M)
- Total Operating Expenses: $1.18B (est $1.37B)
- Cash & Cash Equivalents: $1.20B (est $1.37B)
- Sees FY Capex: $200M (prev saw $200M To $300M; est $244.1M)
- Sees FY R&D Expenses: About $2.7B (prev saw About $2.9B)
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Moderna raises 2026 outlook as CEO says newer vaccines are gaining traction
Moderna Earnings Preview: The Melanoma Breakthrough Is Real, But $221 Is Way Too Much $MRNA #business# #investing# #markets#
Moderna $MRNA setting its sights on the 2.618 🚀
$7 to give the platform a try. Ends tonight 👇
Moderna CEO Stephane Bancel said he believes the personalized mRNA cancer vaccine his company is developing with Merck & Co. will work in a variety of tumors, directly addressing a key issue shrouding the company’s future
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Moderna CEO Stéphane Bancel calls the company’s cancer vaccine study with Merck a “landmark,” pointing to a 42% improvement compared with Keytruda alone.
Bancel says Moderna is now focused on filing the drug with the FDA and believes it could be approved next year
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