Despite a dip in revenue, VIR showcases robust clinical progress and strategic regulatory engagements, underpinned by a strong cash reserve.
Vir Biotechnology (VIR) delivered earnings and revenue surprises of 51.52% and 250.82%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
SAN FRANCISCO, May 02, 2024--Vir Biotechnology, Inc. (Nasdaq: VIR) today provided a corporate update and reported financial results for the first quarter ended March 31, 2024.