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Moderna posts surprise quarterly profit even as COVID sales continue to slide

Moderna on Thursday reported a surprise fourth-quarter profit even as its COVID product sales continue to plunge.

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Moderna tempers 2023 COVID vaccine sales forecast

(Reuters) -Moderna on Thursday said it expected 2023 revenue of at least $6 billion, tempering its forecast to reflect weaker demand for COVID-19 vaccines, but added it would return to sales growth in 2025 and break even the following year. The company reported third-quarter sales of $1.8 billion, topping analysts' estimates of $1.32 billion, according to LSEG data. Moderna's COVID-19 vaccine is its lone marketed product.

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Moderna revenue tops expectations, expects to return to sales growth in 2025

Moderna on Thursday said it
expected 2023 revenue of at least $6 billion, a decline
reflecting weaker demand for COVID-19 vaccines this year, but
that it would return to sales growth in 2025 and...

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Moderna Tempers 2023 COVID Vaccine Sales Forecast

Moderna Tempers 2023 COVID Vaccine Sales Forecast
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Moderna Stock Tumbles As Light Guidance Overshadows Sales Beat

Moderna Stock Tumbles As Light Guidance Overshadows Sales Beat
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Moderna forecasts weaker sales as COVID vaccine demand wanes - National

Moderna said on Thursday its 2023 sales would only hit the low end of its previous forecast, reflecting weaker demand for COVID-19 vaccines.

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Moderna tempers 2023 Covid vaccine sales forecast on weaker demand

Moderna tempers 2023 Covid vaccine sales forecast on weaker demand
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Moderna reins in 2023 COVID vaccine forecast, shares tumble

Moderna reins in 2023 COVID vaccine forecast, shares tumble
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Moderna Stock Tumbles As Light Guidance Overshadows Sales Beat

Moderna Stock Tumbles As Light Guidance Overshadows Sales Beat
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Can Moderna Achieve Its Most Ambitious Goal Yet?

Even the best of news has failed to boost Moderna shares in recent times.

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