>>> Catalent misses by $0.02, beats on revs; guides FY24 revs in-line (45.64)

Catalent misses by $0.02, beats on revs; guides FY24 revs in-line (45.64)
  • Reports Q4 (Jun) earnings of $0.09 per share, excluding non-recurring items, $0.02 worse than the FactSet Consensus of $0.11; revenues fell 15.6% year/year to $1.09 bln vs the $1.05 bln FactSet Consensus.
  • Q4'23 Adjusted EBITDA of $139 million decreased (61)% as reported, or (61)% in constant currency, compared to Q4'22.
  • Co issues in-line guidance for FY24, sees FY24 revs of $4.3-4.5 bln vs. $4.19 bln FactSet Consensus. Co sees FY24 adjusted net income of $113 million - $175 million