Moderna, Inc. (MRNA) experienced a significant pre-market surge of 5.35%, following the release of its first-quarter financial results which exceeded analyst expectations.
The vaccine maker reported quarterly revenue of $389 million, substantially above the consensus estimate of approximately $228 million. This growth was primarily driven by stronger-than-anticipated sales of its COVID-19 vaccine in international markets, which accounted for $311 million of the total revenue. The company also reported a smaller-than-expected loss per share of $3.40, beating the estimated loss of $3.96.
Moderna reiterated its financial outlook for 2026, forecasting revenue growth of up to 10% compared to the previous year. The positive results and reaffirmed guidance, coupled with progress in its pipeline including a seasonal flu vaccine awaiting regulatory decision, contributed to the bullish investor sentiment in the pre-market session.
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