Catalent's Stock Gains Despite Q1 Earnings Miss, Gross Margin Up
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Catalent's stock price increased in after-hours trading despite missing Q1 earnings expectations, due to strong segmental results and improved gross margins.
November 06, 2024 | 3:30 pm
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Catalent's stock price increased in after-hours trading despite missing Q1 earnings expectations, due to strong segmental results and improved gross margins.
Catalent's stock price rose in after-hours trading despite missing Q1 earnings expectations. This positive movement is attributed to strong segmental results and improved gross margins, which investors likely view as a sign of operational strength and potential future profitability.
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