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Stock impact report

Catalent, Inc. Reports Third Quarter Fiscal 2021 Results

Catalent, Inc. (CTLT) 
Last catalent, inc. earnings: 2/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.catalent.com
Company Research Source: Business Wire
Q3'21 net revenue of $1.05 billion increased 38% as reported, or 35% in constant currency, compared to Q3'20. Organic, constant-currency net revenue grew 35%, compared to Q3'20.Q3'21 net earnings of $232 million; includes a $184 million gain from the sale of the blow-fill-seal business.Q3'21 Adjusted EBITDA(1) of $274 million increased 48% as-reported, or 44% in constant currency, compared to Q3'20. Q3'21 Biologics segment net revenue of $544 million more than doubled compared to Q3'20. Increasing guidance to reflect projected net revenue growth of 25-28% and Adjusted EBITDA growth of 30-35% compared to projected net revenue growth in previous guidance of 23-28% and Adjusted EBITDA growth of 26-33%.Mike Barber, 40-year GE veteran and its Chief Diversity Officer, has joined the Board of Directors. SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leading global provider of advanced delivery technologies, development, and manufacturing solutions for drugs, biologics, Show less Read more
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