Monday, August 7, 2023

BioNTech SE Posts Loss In Q2; Reiterates COVID-19 Vaccine Revenue Guidance

BioNTech SE (BNTX) posted a second-quarter net loss of 190.4 million euros, compared to profit of 1.67 billion euros, last year. Loss per share was 0.79 euros, compared to profit of 6.45 euros. Total revenues were 167.7 million euros, compared to 3.20 billion euros, last year. The company said write-offs by collaboration partner Pfizer significantly reduced its gross profit share in the second quarter and hence negatively influenced revenues for the three months ended June 30, 2023.

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