VALN - Valneva GAAP EPS of $1.24 revenue of $361.3M; issues FY23 guidance
2023-03-23 02:06:00 ET
- Valneva press release ( NASDAQ: VALN ): FY GAAP EPS of €1.24.
- Revenue of €361.3M (+3.8% Y/Y).
- Adjusted EBITDA loss in 2022 was €69.2 million compared to an adjusted EBITDA loss of €47.1 million in 2021.
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2023 financial guidance: Expected total revenues and other income between €220 million and €260 million:
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€130 million to €150 million of product sales, including marginal COVID-19 vaccine sales under an existing supply agreement with the Kingdom of Bahrain.
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Between €90 million and €110 million of other income
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R&D expenses expected between €70 million and €90 million
For further details see:
Valneva GAAP EPS of $1.24, revenue of $361.3M; issues FY23 guidance