7 Articles
7 Articles
Moderna beats on revenue but loses more than expected as it scales down manufacturing – DG Verifications & Stats
In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNTThe Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024.Adam Glanzman | Bloomberg | Getty Images Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to slash costs and demand for its Covid vaccine falls. It marks another quarter of growing pains for the company, wh…
Moderna beats on revenue but loses more than expected as it scales down manufacturing - Daily news Update
Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to slash costs and demand for its Covid vaccine falls. It marks another quarter of growing pains for the company, which is racing to launch new products and recover from the rapid decline of its once-booming Covid business. Shares of Moderna fell more than 4% in premarket trading Friday. Moderna post…
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