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IPO costs impact results
November 14, 2014
By: Kristin Brooks
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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