Catalent Finally Reports Earnings: Despite Losses, Revenue Beat Projections

Catalent, a healthcare product technology provider, has finally released its Q3 financial report for fiscal 2023 after delays in May. The company's revenue of $1.04 billion beat Wall Street projections despite being 19% below last year's Q3 revenue. However, the company reported an adjusted net loss of $17 million due to operational challenges and unexpected cost increases at some manufacturing ..