Catalent, Inc. (NYSE: CTLT), a provider of delivery technologies and development solutions to the pharmaceutical industry, has reported earnings for the first quarter of 2024.
- Net revenue was $982 million in the first quarter, which is down 4% as reported, and 6% in constant currency from Q1 2023
- Overall organic net revenue decreased by 8% year-over-year during the three-month period
- The company reported a net loss of $715 million for the September quarter, including non-cash goodwill impairment charges of $700 million
- On a per-share basis, Q1 loss was $3.94, vs. breakeven in the year-ago quarter
- Q1 adjusted net loss was $19 million or $0.10 per share, compared to adjusted profit of $61 million or $0.34 per share last year
- Adjusted EBITDA came in at $115 million, down 38% as reported, and 39% in constant currency, compared to last year
- For fiscal 2024, the company expects net revenue to be in the range of $4.30 billion to $4.50 billion
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
