COVID-19 vaccine sales helped Moderna triple its net income in a better-than-expected first quarter.
More than 217 million doses of Moderna’s Spikevax vaccine have been administered in the U.S., where it is one of three approved options for adults. Pfizer’s Comrinaty shots are the most commonly used, according to the Centers for Disease Control and Prevention. A vaccine from Johnson & Johnson ranks third.Moderna is seeking authorization in the U.S. for its shots to be used in adolescents and children, something dozens of other countries have already granted.
In the first quarter, Moderna earned $3.7 billion, compared with $1.2 billion in the same period last year.The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $5.18 per share. While vaccine sales jumped compared to last year, they slid $1 billion from the fourth quarter of 2021, when customers sought boosters and many children began getting shots.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Pfizer Q1 profit, revenue soar on COVID-19 vaccine salesCOVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street’s first-quarter expectations, as the drugmaker’s profit grew 61%.
Weiterlesen »
Starbucks reports record sales, suspends guidance on China COVID-19 curbsStarbucks reported record quarterly sales for 1Q 2022, but higher costs put a dent in profits.
Weiterlesen »
Pfizer Sales Soar on Covid-19 Vaccine SalesPfizer logged $25.7 billion in sales in the first-quarter, driven by sales of vaccine Comirnaty and Paxlovid, a pill aimed at reducing severe outcomes from Covid-19
Weiterlesen »
Anchorage COVID-19 clinic that operated out of former hotel faces scrutinyAs coronavirus cases surged in Alaska, WEKA, a for-profit business whose owners donated to Mayor Dave Bronson’s campaign, moved in rent-free to a city-owned building to run a monoclonal antibody clinic. Controversy has dogged the clinic ever since. What actually happened?
Weiterlesen »
What happens if I get COVID-19 while traveling?Depending on your destination, it could result in an unexpected change in plans, such as being required to stay isolated in a hotel.
Weiterlesen »