Catalent (CTLT) Reports In-Line Q2 EPS

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Catalent, Inc. Reports Second Quarter Fiscal Year 2017 Results

February 6, 2017 4:15 PM EST

Q2'17 revenue $483.7 million increased 6% as-reported, or 10% in constant currency from the prior year period. Q2'17 YTD revenue $925.9 million increased 5% as-reported, or 9% in constant currency from the prior year period. Announced the acquisition of Accucaps, a Canadian developer and manufacturer of over-the-counter (OTC) and prescription softgel products. Issued 380 million, 4.75% coupon, Euro notes with proceeds used to pay down debt and fund acquisitions; simultaneous re-price of our USD (50 bps rate reduction) and EUR (75 bps rate reduction) Term Loans.... More