Catalent, Inc. (CTLT) reported Friday that its second-quarter net loss was $204 million or $1.12 per share, compared to last year's net earnings of $81 million or $0.44 per share.
Adjusted net loss was $43 million or $0.24 per share, compared to adjusted net income of $122 million or $0.67 per share, in the second quarter a year ago.
Net revenue decreased 10 percent to $1.03 billion from $1.15 billion reported a year ago, primarily due to a decline in demand for COVID-19 related programs.
Analysts on average expected the company to report a loss of $0.02 per share on recenues of $1.01 billion, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Overall, revenues fell 11 percent in constant currency, and organic net revenue decreased by 11 percent over the same period.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.