Catalent delays quarterly call as stock takes another dive
Catalent said it is delaying its financial results for the quarter, and it now expects to cut $400 million in net revenue guidance for the year due to manufacturing issues at three plants.
The contract manufacturer announced Monday in a press release that it will delay its third-quarter results for fiscal 2023 and the investor call, which was on the books for Tuesday. The company said it plans to file its quarterly report by May 15. No date was provided for the rescheduled investor call.
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