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Moderna to Report Q3 Results: Revenue Decline and Widening Losses Expected

Earnings Whispers · ·by G4L

MRNA Moderna Inc
$250.83 -6.75%
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  1. 1The market expects Moderna's third-quarter revenue to be approximately $888.8 million with a loss of $1.10 per share.
  2. 2This represents a 12.5% decrease in revenue compared to Moderna's revenue of $1.02 billion one year ago.
  3. 3Management maintains its previous guidance of up to 10% annual revenue growth.

So what's the key point?

Moderna's third-quarter revenue is expected to decrease by 12.5% compared to last year. Experts anticipate the company will incur more losses rather than making a profit.

Source Earnings Whispers · View original ↗

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