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DewDiligence

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DewDiligence

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Re: DewDiligence post# 801

Monday, 05/06/2024 11:50:52 AM

Monday, May 06, 2024 11:50:52 AM

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BNTX reports 1Q24 results—reiterates 2024 sales guidance:

https://finance.yahoo.com/news/biontech-announces-first-quarter-2024-104500069.html

2024 sales guidance remains $2.7-3.7B (€2.5-3.5B). Echoing partner PFE, BNTX says ~90% of 2024 COVID-vaccine revenue will come in 4Q24.

Cash at 3/31/24 was $18.2B, down $1.0B relative to 12/31/23.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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