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Moderna beats quarterly expectations

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Moderna reported better-than-expected earnings and revenue in the latest quarter.

The company posted earnings of $6.46 per share, beating forecasts for $6.04. Revenue of $4.4 billion was ahead of the $4.3 billion expected by analysts.

Moderna additionally committed to buying back $1 billion worth of its stock over a two-year period.

Read more from Barron's.

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