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Moderna’s COVID-19 shot generated $6.9 billion in sales in the fourth quarter

Moderna's COVID-19 shot generated $6.9 billion in sales in the fourth quarter

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Moderna Inc. MRNA, -6.37% beat earnings and revenue expectations for the fourth quarter of 2021 after announcing Thursday that its COVID-19 vaccine brought in nearly $7 billion in product sales during the final three months of the year. Moderna had a profit of $4.8 billion, or $11.29 per share, in the fourth quarter of 2021, after reporting a loss of $272 million, or 69 cents per share, in the fourth quarter of 2020.

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