Valneva (VALN) reported a 2025 net loss Wednesday of 115.2 million euros ($132.8 million), compared with a loss of 12.2 million euros a year earlier.
Revenue for the year ended Dec. 31 was 174.7 million euros, up from 169.6 million euros a year earlier.
Analysts polled by FactSet expected 168 million euros.
For 2026, the company expects revenue of 155 million euros to 170 million euros. Analysts surveyed by FactSet expect 175.6 million euros.
Valneva shares were down 4.1% in premarket activity.
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