Moderna Affirms FY23 Forecast of Up to $8 Billion in COVID-19 Vaccine Sales

Moderna  on Monday reiterated its expected COVID-19 vaccine sales of $6 billion to $8 billion for 2023 amid the uncertainty of vaccination rates in the US. The biotechnology company said it anticipates being in the bottom half of the range if the US market for COVID-19 jabs registers 50 million administered doses in 2023, and projects to be within the top half for 100 million administered doses. Moderna will provide an update after evaluating full vaccination trends through October.

Moderna Affirms FY23 Forecast of Up to $8 Billion in COVID-19 Vaccine Sales Read Post »

Disney Expected To Emphasize FY24 Breakeven for Disney+

Disney is aiming to break even on its direct-to-consumer business in the next year, UBS analysts say in a research note. The company’s challenges in linear, exacerbated in the recently-completed quarter by the Charter blackout, are also expected to continue, but the analysts anticipate Disney management will look to emphasize efforts such as price hikes, ad-supported streaming and cost discipline related to Disney+, which will push the streaming service toward profitability. The company reports 4Q results early next month.

Disney Expected To Emphasize FY24 Breakeven for Disney+ Read Post »

Scroll to Top