Moderna's 2025 Revenue Outlook Reduced Amid Shipment Delays and Earnings Watch

1 min read
Source: CNBC
Moderna's 2025 Revenue Outlook Reduced Amid Shipment Delays and Earnings Watch
Photo: CNBC
TL;DR

Moderna lowered its 2025 revenue forecast due to a delay in vaccine shipments to the UK but exceeded Wall Street expectations for Q2, posting a smaller loss and higher revenue driven mainly by Covid vaccine sales, while also implementing cost cuts and workforce reductions.

Share this article

Want the full story? Read the original reporting

Read on CNBC