Moderna (MRNA) PT Lowered to $120 at Jefferies

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Go back to Moderna (MRNA) PT Lowered to $120 at Jefferies

Moderna Reports Second Quarter 2024 Financial Results and Provides Business Updates

August 1, 2024 6:33 AM EDT

Reports 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