Catalent (CTLT) Tops Q2 EPS by 8c, Revenues Beat; Raises FY21 Revenue Guidance Above Consensus
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Catalent, Inc. Reports Second Quarter Fiscal 2021 Results
February 2, 2021 7:15 AM ESTQ2'21 net revenue of $910.8 million increased 26% as-reported, or 24% in constant currency, compared to Q2'20. Organic, constant currency net revenue grew 17%, compared to Q2'20. Q2'21 net earnings of $88.4 million increased 94%, or 88% in constant currency, compared to Q2'20. Q2'21 Adjusted EBITDA of $223.5 million increased 31% as-reported, or 28% in constant currency, compared to Q2'20. Q2'21 Biologics segment net revenue of $403.9 million increased more than 75%, compared to Q2'20. Increasing guidance to reflect projected net revenue... More