CureVac N.V.

NASDAQ:CVAC  
62.14
+4.31 (+7.45%)
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Earnings Announcements

Curevac Q1 Operating Loss At EUR 115.8 Mln

Published: 05/26/2021 11:08 GMT
CureVac N.V. (CVAC) - Curevac Announces Financial Results for the First Quarter of 2021 and Business Updates.
Revenue Was EUR 10.0 Million for First Three Months of 2021, Representing an Increase of EUR 6.9 Million Or 221.6% Compared to Revenue of EUR 3.1 Million for Same Period in 2020.
Operating Loss Was EUR 115.8 Million for First Three Months of 2021, Representing an Increase of EUR 92.6 Million, Or 339.0%, From Operating Loss of EUR 23.2 Million for Same Period in 2020.
Financial Result for First Three Months of 2021 Was a Gain of EUR 3.6 Million, Representing an Increase of EUR 4.3 Million, Or 630.9%, From a Loss of EUR 0.7 Million for Same Period in 2020.
Pre-tax Loss Was EUR 112.2 Million for First Three Months of 2021, Compared to EUR 23.9 Million for Same Period in 2020.
Cash Position of EUR 1.50 Billion As of March 31, 2021.
Revenue is expected to be $14.75 Million
Adjusted EPS is expected to be -$1.02

Next Quarter Revenue Guidance is expected to be $14.75 Million
Next Quarter EPS Guidance is expected to be -$0.74

More details on our Analysts Page.