
Moderna has reported a surprise fourth-quarter profit, attributing the success to cost-cutting measures, deferred payments, and an increase in market share for its Covid vaccine against its rival, Pfizer. The company announced adjusted earnings per share (EPS) of $0.55, surpassing analysts' expectations of a loss of $1.06, with revenue reaching $2.81 billion against an estimated $2.50 billion. Despite a decline in Covid vaccine sales, Moderna's stock rose as it gained market share from Pfizer. Additionally, Moderna outlined a commercial roadmap for its experimental respiratory syncytial virus (RSV) vaccine, signaling a strategic move beyond Covid vaccines after a challenging year of transition.
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FXHedgeMODERNA REPORTS SURPRISE PROFIT, SETS OUT ROAD MAP FOR RSV VACCINE (Reuters) Moderna reported a surprise fourth-quarter profit helped by cost cutting, and the vaccine maker set out a commercial roadmap for its experimental respiratory syncytial virus (RSV) shot. https://t.co/BIFNexuSyk
BioPharma DiveModerna pitches RSV shot, new vaccines after ‘difficult year of transition’ https://t.co/8BInazFAlB $MRNA by @NedPagliarulo
The Wall Street JournalHeard on the Street: Protecting the world against a virus few people fear anymore doesn’t make for a great business. Thankfully for Moderna and its investors, the company will move beyond Covid commercially. https://t.co/pREsCBeRq7 https://t.co/pREsCBeRq7
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