Catalent

Catalent, Inc. is a holding company, which engages in the provision of delivery technologies, development, and manufacturing solutions for drugs, biologics, cell and gene therapies, and consumer health products. It operates through the following segments: Softgel and Oral Technologies, Biologics, Oral and Specialty Delivery, and Clinical Supply Services. The Softgel and Oral Technologies segment offers formulation, development, and manufacturing services for soft capsules or softgels, as well as large-scale production of oral solid dose forms for pharmaceutical and consumer health markets and supporting ancillary services. The Biologics segment develops and produces biologic cell-line, cell therapy, and viral vector gene therapy, formulation for parenteral dose forms, which include prefilled syringes, vials, and cartridges, and analytical development and testing services for large molecules. The Oral and Specialty Delivery segment is composed of advanced formulation of a range of technologies along with integrated downstream clinical development and commercial supply solutions. The Clinical Supply Services segment is involved in packaging, storage, distribution, and inventory management of drugs and biologics in clinical trials. The company was founded in 1933 and is headquartered in Somerset, NJ.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

CTLT reports Q3 revenue decline, eyes growth in gene therapy

CTLT faced challenges in the Biologics segment and adjusted its fiscal 2023 guidance due to operational and COVID-related issues. However, the company's capacity and healthy pipeline in the gene therapy business present opportunities for growth. The company is also evaluating divestitures to reduce debt load and is focused on improving financial rigor in the upcoming fiscal year.

Catalent reports solid Q2 earnings, eyes gene therapy expansion

Catalent's Q2 performance was solid, with a focus on collaborations, ESG initiatives, and strong market positioning. Challenges in the supply chain and COVID revenue assumptions were notable, but opportunities in gene therapy and core business growth are promising. The company remains optimistic about future growth and strategic partnerships.

Catalent adjusts guidance, targets cost savings amid operational challenges

Catalent focused on improving productivity and cost structure to return to historical margin levels.
Addressing investor concerns on regulatory inspections and confident in corrective actions.
Expecting significant cost savings in fiscal '24 and targeting positive cash generation.
Operational challenges in Q3 impacting financials in Q4, with a focus on improving profitability.

Catalent addresses challenges, eyes growth in gene therapy and GLP-1

Catalent navigated fiscal challenges, focusing on growth areas like gene therapy and GLP-1 projects. The company aims to address financial performance, operational efficiency, and strategic reviews to enhance shareholder value and sustain growth.

Catalent reports solid Q1 performance amidst revenue challenges and growth opportunities

Catalent's Q1 performance was solid despite revenue decline from COVID.
The company is focusing on growth drivers like gene therapy and GLP-1 demand.
Challenges include revenue concentration risks and capacity constraints.
Opportunities lie in new business wins, tech transfer completion, and strategic improvements.

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Blow-Fill-Seal Sterile CDMO Business is focusing on complex clinical to commercial-stage formulation and manufacturing. The Business supports a global, blue-chip customer base with a broad array of products that leverage its BFS sterile manufacturing capabilities and formulation competency in complex chemistries including small molecule, biologics, macromolecules, and potent compounds.

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3 Debt-Ridden S&P 500 Stocks to Sell Before It's Too Late

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced that members of its executive leadership team will participate at two upcoming investor conferences. On September 12, 2023, at 10:50 a.m. ET, the Company will present at the Morgan Stanley 21st Annual Global Healthcare Conference. On September 13, 2023, at 7:55 a.m. ET, the Company will present at Baird's 2023 Global Healthc.

Catalent, Inc. to Present at September Investor Conferences

The company delivered a better-than-expected quarterly earnings report. It beat on revenue, and only narrowly missed on earnings.

Why Catalent Stock Zoomed 12% Higher This Week

The headline numbers for Catalent (CTLT) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Catalent (CTLT) Q4 Earnings: A Look at Key Metrics

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Catalent's (CTLT) deal with Elliott and earnings report boost its shares. The company will likely improve its value and growth with the agreement and its strategic investments.

Catalent (CTLT) Gains Post Deal With Elliott and Earnings Report

The contract drug manufacturer posted steep declines in key fundamentals in its fiscal fourth quarter. Still, it booked more revenue than analysts expected; guidance also topped expectations.

Why Catalent Stock Surged Nearly 5% Higher Today

Catalent, Inc. (NYSE:CTLT ) Q4 2023 Earnings Conference Call August 29, 2023 8:15 AM ET Company Participants Paul Surdez - Vice President, Investor Relations John Greisch - Executive Chair, Board Alessandro Maselli - President and CEO Matti Masanovich - Senior Vice President and CFO Conference Call Participants Tejas Savant - Morgan Stanley David Windley - Jefferies Jacob Johnson - Stephens Jack Meehan - Nephron Research Sean Dodge - RBC Capital Markets John Sourbeer - UBS Justin Bowers - Deutsche Bank Derik De Bruin - Bank of America Max Smock - William Blair Rachel Vatnsdal - J.P. Morgan Tim Daley - Wells Fargo Operator Good morning, ladies and gentlemen.

Catalent, Inc. (CTLT) Q4 2023 Earnings Call Transcript

Catalent (CTLT) records lower revenues in Biologics segment in its fourth-quarter fiscal 2023, resulting in overall soft preliminary performance.

Catalent (CTLT) Preliminary Q4 Revenues Dampened by Lower Sales

Catalent (CTLT) shares surged more than 5% in early trading on Tuesday after the struggling drugmaker secured a deal with activist investor Elliott Investment Management.

Shares of Wegovy Partner Catalent Jump After Striking Deal With Activist Investor Elliott

Catalent Inc is close to a settlement deal with activist investor Elliott Investment Management, which will include the appointment new directors and a pledge to review strategic alternatives such as a sale of the company, Reuters reported, citing sources familiar with the matter.  The media outlet noted the US-based contract drugmaker is set to add four new directors proposed by Elliott to its board, including Elliott's global head of engagement, Steven Barg, a former Goldman Sachs (NYSE:GS) banker, along with former Pfizer chief financial officer Frank D'Amelio.

Catalent nears deal with Elliott Investment Management; will explore company sale

Catalent (NYSE: CTLT ) stock is getting a boost on Tuesday after the consumer health company reached an agreement with Elliott Investment Management. This has Catalent adding four new directors to its Board while also agreeing to conduct a strategic review.

Catalent (CTLT) Stock Gains on Elliott Deal

Catalent (CTLT) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $1.19 per share a year ago.

Catalent (CTLT) Q4 Earnings Miss Estimates

The drug manufacturer expects $4.3 billion to $4.5 billion in fiscal 2024 revenue. Analysts has been forecasting $4.2 billion.

Catalent Issues a Solid Outlook and Makes a Deal With Elliot

Shares of Catalent Inc. CTLT, +1.67% jumped 4.1% in premarket trading Tuesday, after the maker of products used by drug makers and consumer health companies announced an cooperation agreement with activist investor Elliott Investment Management LP, as it will appoint four new independent directors. The appointments include Steven Barg, global head of engagement at Elliott.

Catalent stock jumps after cooperation agreement with activist investor Elliott Investment

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better biopharmaceutical treatments for patients worldwide, today announced several initiatives reflecting its ongoing commitment to strong corporate governance and shareholder value creation. The Nominating and Corporate Governance Committee of the Board has recommended, and the Board has approved, the appointment of four new independent directors: Steven Barg, Frank D'Amelio, Ste.

Catalent Announces Governance Enhancements and New Initiatives to Drive Value

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced preliminary financial results for the fourth quarter of fiscal 2023, which ended June 30, 2023. “We continue to make progress in improving our operational performance and continue to win new business with new and existing customers, including in some of the industry's most exciting areas, leading us on a path toward more sus.

Catalent, Inc. Reports Preliminary Fourth Quarter and Fiscal 2023 Results

Catalent Inc is close to reaching a settlement with Elliott Investment Management that would lead to a shake-up of the U.S. contract drug manufacturer's board of directors after its share price lost half of its value in the last year.

Exclusive: Catalent nears settlement with Elliott for board seats -sources

Catalent's plant in Bloomington, Indiana, will fill injection pens for Novo Nordisk's weight-loss drug Wegovy as part of the two companies' expanded supply agreement, two sources familiar with the matter told Reuters.

Exclusive: Catalent's Indiana plant to make Novo's Wegovy weight-loss drug-sources

Novo Nordisk

Novo Nordisk Chief Executive Lars Fruergaard Jorgensen said on Friday he was confident Catalent would resolves its problems making Novo's hugely-popular weight-loss drug Wegovy as the company scrambles to boost output to meet soaring demand.

Novo Nordisk CEO 'confident' Catalent will overcome Wegovy production problems

SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced that it will release financial results for the fourth quarter of fiscal year 2023 ended June 30, 2023, before the market open on Tuesday, August 29, 2023. The Company's management will host a webcast to discuss the results at 8:15 a.m. ET on the same day. Catalent invites all interested parties to listen to the webcast and v.

Catalent, Inc. Announces Fourth Quarter Fiscal Year 2023 Earnings Conference Webcast

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SOMERSET, N.J.--(BUSINESS WIRE)--Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced that Lisa Evoli has been named Senior Vice President & Chief Human Resources Officer, effective immediately. Ms. Evoli joins Catalent from Integra Lifesciences, a global medical technology company based in Princeton, New Jersey. “Lisa is a proven leader with more than 25 years of experience achieving organizational resul.

Catalent Appoints Lisa Evoli Senior Vice President and Chief Human Resources Officer

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News for Catalent Stock (CTLT)