$MRNA (-0,35 %)
| Moderna Q3 Earnings Highlights:
🔹 Revenue: $1.86B (Est. $1.25B) 🟢
🔹 COVID-19 Vaccine Revenue: $1.8B (Est. $1.2B) 🟢
🔹 Cash & Cash Equivalents: $1.64B (Est. $2.93B)
🔹 RSV Vaccine Revenue: $10M
🔹 Net Income: $13M vs. net loss of $3.6B YoY
FY24 Outlook
🔹 Reaffirmed Revenue: $3B - $3.5B (Est. $3.21B)
🔹 Cost of Sales: Expected 40-45% of product sales
🔹 R&D Expenses: $4.6B - $4.7B (revised down)
🔹 Capital Expenditures: $1.2B
Financial Metrics
🔹 Cost of Sales: $514M; 28% of product sales, down from 128% YoY due to lower inventory write-downs
🔹 R&D Expenses: $1.1B, down 2% YoY
🔹 SG&A Expenses: $281M; down -36% YoY
Business Highlights
🔸 $1.8B in Spikevax® sales; 40% U.S. market share for COVID-19 season-to-date
🔸 Expanded executive leadership and secured early approvals for COVID-19 vaccine
🔸 Initiated Phase 3 trials for norovirus and flu vaccines
🔸 Positive Phase 3 data for RSV and Flu/COVID combination vaccines