Catalent: Fiscal Q2 Earnings Snapshot
SOMERSET, N.J. (AP) — SOMERSET, N.J. (AP) — Catalent Inc. (CTLT) on Friday reported a loss of $204 million in its fiscal second quarter.
SOMERSET, N.J. (AP) — SOMERSET, N.J. (AP) — Catalent Inc. (CTLT) on Friday reported a loss of $204 million in its fiscal second quarter.
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The Somerset, New Jersey-based company said it had a loss of $1.12 per share. Losses, adjusted for non-recurring costs and amortization costs, came to 24 cents per share.
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The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The maker of drug delivery technologies posted revenue of $1.03 billion in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $1.01 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTLT at https://www.zacks.com/ap/CTLT