Moderna beats Q1 estimates with non-GAAP loss $1.18 per share on revenue of $389M
- Q1 GAAP loss of $3.40 per share includes a $0.9 billion non-recurring litigation settlement charge.
- Moderna reiterates guidance for up to 10% 2026 revenue growth and expects lower operating expenses.
- The company projects a year-end cash balance totaling $4.5–$5.0 billion in aggregate.
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