"Moderna's 2023 Financial Results: Surprise Profit and RSV Vaccine Roadmap"
TL;DR Summary
Moderna reports fourth quarter revenues of $2.8 billion, GAAP net income of $217 million, and full-year revenues of $6.8 billion, primarily driven by COVID-19 vaccine sales. The company reaffirms its 2024 expected product sales of approximately $4 billion and expects regulatory approvals for its investigational RSV vaccine for older adults beginning in the first half of 2024. Moderna also provides updates on its commercial efforts, financial results, 2024 financial framework, and upcoming late-stage pipeline milestones across vaccines and therapeutics.
- Moderna Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Updates Moderna Investor Relations
- Moderna posts surprise quarterly profit even as Covid vaccines sales plummet CNBC
- Moderna Stock Jumps on Surprise Profit After Earnings Beat. What to Expect in 2024. Barron's
- Moderna reports surprise profit, sets out road map for RSV vaccine Yahoo Finance
- Moderna posts surprise quarterly profit even as COVID sales continue to slide MarketWatch
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