Reports Q1 revenue $275.7M, consensus $262.9M. "We are pleased with our financial performance in the first fiscal quarter, which exceeded our initial expectations in an operating environment that remains challenging," said CEO Devdatt Kurdikar. "During FY23, we remain focused on three key strategic priorities: strengthening our base business, separating and standing up embecta as an independent company, and investing in growth. Throughout the first quarter, we made progress on each of these objectives, as we continue setting up embecta for sustainable success. Given our performance during Q1, we are raising our guidance for our key financial reporting metrics."
Published first on TheFly
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