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Financial Report: Catalent

IPO costs impact results

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By: Kristin Brooks

Managing Editor, Contract Pharma

Catalent
 
1Q Revenues: $418.3 million (+1%)
 
1Q Loss: $19.5 million (earnings were $1.5 million in 1Q13)
 
Comments: Revenue from the Oral Technologies segment was $261.1 million, up 1% in the quarter. Revenue from the Development and Clinical Services segment was $103.1 million, up 2%. Revenue from the Medication Delivery Solutions segment was $56.9 million, up 1%. Loss in the quarter was related to one-time IPO costs of $50.4 million.

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