Catalent (CTLT) Tops Q3 EPS by 3c

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Catalent, Inc. Reports Third Quarter Fiscal 2019 Results

May 7, 2019 7:30 AM EDT

Q3'19 revenue of $617.5 million decreased 2% as-reported, but increased 2% in constant currency, from Q3'18, while Q3'19 YTD revenue of $1,792.3 million increased 1% as-reported, or 3% in constant currency, from the prior-year period. Double-digit organic segment EBITDA growth within Biologics and Specialty Drug Delivery, Oral Drug Delivery and Clinical Supply Services segments; Juniper acquisition continues to out-perform management expectations. FY'19 financial guidance range tightened. Signed agreement to acquire biologics CDMO Paragon Bioservices,... More