earnings
confidence high
sentiment negative
materiality 0.80
Moderna Q2 net loss $1.3B, EPS $(3.33); cuts 2024 product sales forecast to $3.0-3.5B
Moderna, Inc.
2024-Q2 EPS reported
-$6.41
revenue$408,000,000
- Revenue $241M vs $344M YoY; net product sales $184M (-37%).
- Revised FY2024 product sales guidance to $3.0-3.5B; cites low EU sales, deferrals, competitive US market.
- RSV vaccine mRESVIA approved by FDA, shipping since July; EMA positive opinion.
- Phase 3 data positive for combo flu+COVID and next-gen COVID vaccines; filings planned in 2024.
- David Rubenstein joins Board Aug 5; Robert Langer and Stephen Berenson retire.