Moderna Swings to Third-Quarter Profit and Raises Full-Year Revenue Outlook
Moderna reported a profit in the recent quarter and lifted its full-year revenue forecast as international demand for its Covid-19 vaccines stabilized.
By Xavier Martinez and Connor HartModerna returned to profitability in the recent quarter and lifted its full-year revenue forecast, defying Wall Street expectations of continued losses as international demand for its Covid-19 shots stabilized.The biopharmaceutical company on Friday reported a thir…