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Catalent, Inc. (CTLT) Q1 2024 Earnings Call Transcript
Unknown11-15
The earnings call presents a mixed picture: declining EBITDA margins and rising leverage ratio are concerning, but there are positive developments like strong non-COVID biologics growth, promising GLP-1 revenue projections, and operational improvements. The Q&A reveals concentration risks and cautious management responses, though strategic reviews and potential revenue growth from new contracts offer optimism. Given these conflicting signals, the stock price reaction is expected to be neutral.
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