Catalent expects to reaffirm previously issued fiscal 2024 guidance

Catalent said last night in a regulatory filing, “The Company expects to report a significant change in its results of operations for the three months ended September 30, 2023, compared to the three months ended September 30, 2022, primarily due to the potential non-cash goodwill impairment described above in Part III, and an anticipated nearly 50% decline in COVID-related revenue compared to the prior-year period. The Company intends to release preliminary results for the three months ended September 30, 2023 on November 15, 2023 and has scheduled a public webcast to discuss the preliminary earnings results on the same day, and expects to reaffirm its previously issued fiscal year 2024 guidance.”