Catalent (CTLT) Tops Q1 EPS by 3c
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Catalent, Inc. Reports First Quarter Fiscal 2018 Results
November 6, 2017 7:30 AM ESTQ1'18 revenue of $543.9 million increased 23% as-reported, or 22% in constant currency from the prior-year period. Announced and closed the acquisition of Cook Pharmica, a privately held, biologics-focused contract development and manufacturing organization. Issued 8-year $450 million, 4.875% coupon, USD senior notes with proceeds used to fund the Cook Pharmica acquisition; concurrently re-priced and extended our term loans (USD tranche 50 bps and EUR tranche 75 bps lower). FY18 guidance updated to reflect acquisition.
SOMERSET, N.J.--(BUSINESS WIRE)--... More
