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Jun 30, 2024
Avantor Q2 2024 Earnings Report
Reported a solid quarter with sequential improvements to all key financial metrics.
Key Takeaways
Avantor reported Q2 2024 results with net sales of $1.70 billion, a decrease of 2.4%. Net income increased to $93 million, and adjusted EBITDA was $306 million. Diluted GAAP EPS was $0.14, while adjusted EPS was $0.25. The company reaffirmed its fiscal year 2024 guidance.
Net sales decreased by 2.4% to $1.70 billion; organic decline of 2.0%.
Net income increased to $93 million.
Adjusted EBITDA was $306 million.
Diluted GAAP EPS was $0.14; adjusted EPS was $0.25.
Revenue by Segment
Forward Guidance
The company reaffirmed its fiscal year 2024 guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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