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via wsj.comBusiness & Companies

Moderna lifts full-year outlook and swings to quarterly profit

FROM THE WIRE · WSJ.COM

The biopharmaceutical company said Friday it now expects total revenue growth of 15% to 25% for the year, compared with a previous outlook for up to 10% growth.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA raised revenue outlook and a return to quarterly profit can support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Moderna now expects total revenue growth of 15% to 25% for the year.
  2. 02The previous outlook was for growth of up to 10%.
  3. 03The company also swung to a quarterly profit.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Moderna, Inc.MRNAStock241.46 USDMarket closedtoday -6.55%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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