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Stock impact report

BioNTech (BNTX) to Report Q1 Earnings: Is a Beat in Store? [Yahoo! Finance]

BioNTech SE - American Depositary Shares (BNTX) 
Company Research Source: Yahoo! Finance
Let's see how things have shaped up for the quarter to be reported. Factors at Play BioNTech's top line currently comprises sales of its mRNA-based COVID-19 vaccine, Comirnaty, developed in partnership with Pfizer PFE. The vaccine is approved in several countries and has been a key contributor to BioNTech's top line. However, following the end of the pandemic, sales of BioNTech/Pfizer's COVID-19 vaccine are likely to have fallen sharply from the year-ago quarter's level. In the fourth quarter, total revenues declined on a reported basis mainly due to the decrease in COVID-19 vaccine sales and the same is likely to have continued in the first quarter. Also, inventory write-downs reported by collaboration partner PFE negatively impacted revenues in the last reported quarter. It remains to be seen whether the same trend continued or reversed in the to-be-reported quarter. The cost of sales declined in the last reported quarter, which is also expected to have prevailed in the Show less Read more
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