Moderna: Q2 Earnings Snapshot

Moderna: Q2 Earnings Snapshot

Summary : Moderna Inc. (MRNA) on Wednesday reported second-quarter earnings of $2.2 billion.

The Cambridge, Massachusetts-based company said it had net income of $5.24 per share. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.50 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

CAMBRIDGE, Mass. (AP) _ Moderna Inc. (MRNA) on Wednesday reported second-quarter earnings of $2.2 billion.

The Cambridge, Massachusetts-based company said it had net income of $5.24 per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.50 per share.The biotechnology company posted revenue of $4.75 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $3.89 billion.This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRNA at https://www.zacks.com/ap/MRNA