Catalent (CTLT) Tops Q1 EPS by 6c
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Catalent, Inc. Reports First Quarter Fiscal 2022 Results
November 2, 2021 7:00 AM EDTQ1'22 net revenue of $1.03 billion increased 21% as reported, or 20% in constant currency, compared to Q1'21. Organic, constant-currency net revenue grew 23%, compared to Q1'21. Q1'22 net earnings of $93 million. Q1'22 Adjusted EBITDA(1) of $252 million increased 44% both as reported and in constant currency, compared to Q1'21. Acquired Bettera, a leading manufacturer in the high-growth gummy, soft chew, and lozenge segments of the nutritional supplements market, for $1 billion on October 1, 2021. Increasing guidance range; projecting net revenue... More
