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Here's How Moderna Turned a Profit in Q1 Despite Its Sales Declining by 69%

Here's How Moderna Turned a Profit in Q1 Despite Its Sales Declining by 69%

Submitted by admin on May 18, 2023 - 10:49am

Source:

Motley Fool

News Tags:

Moderna Therapeutics

Headline:

Here's How Moderna Turned a Profit in Q1 Despite Its Sales Declining by 69%

snippet:

Its bottom line didn't turn red last quarter, as many investors might have been expecting.
However, that doesn't mean the company is out of the woods.
Investors might still need to prepare for unprofitable quarters in the future.