Catalent (CTLT) Misses Q2 EPS by 2c, Revenues Beats
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Catalent, Inc. Reports Second Quarter Fiscal 2023 Results
February 7, 2023 6:59 AM ESTQ2'23 net revenue of $1.15 billion decreased 6% as reported, or 2% in constant currency(1), compared to Q2'22. Organic, constant-currency net revenue decreased by 4%, compared to Q2'22. Q2'23 net earnings of $81 million. Q2'23 Adjusted EBITDA(1) of $283 million decreased 9% as reported, or 6% in constant currency, compared to Q2'22. Catalent reiterates full-year guidance, including net revenue of $4,625 million to $4,875 million and Adjusted EBITDA of $1,220 million to $1,300 million. Moderna and Catalent to extend collaboration to broaden manufacturing partnership across... More
