Avantor's Q1 Adjusted Earnings, Net Sales Fall-February 2024-www.financetom.com

Avantor's Q1 Adjusted Earnings, Net Sales Fall

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Avantor's Q1 Adjusted Earnings, Net Sales Fall

Apr 26, 2024 4:41 AM

07:18 AM EDT, 04/26/2024 (MT Newswires) -- Avantor ( AVTR ) reported Q1 adjusted earnings Friday of $0.22 per share, down from $0.29 a year earlier.

Analysts polled by Capital IQ expected $0.20.

Net sales for the quarter ended March 31 were $1.68 billion, down from $1.78 billion a year earlier.

Analysts polled by Capital IQ expected $1.68 billion.

The biotechnology company said it was reaffirming its 2024 guidance.

Avantor ( AVTR ) shares were 2.8% lower in recent premarket trading

Price: 24.91, Change: -0.24, Percent Change: -0.95

Previous page： Affirm's Gross Merchandise Volume Outlook Upbeat Despite Major Client Loss, RBC Says Next page： Judge blocks enforcement of Texas law restricting DEI and ESG advice

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Affirm's Gross Merchandise Volume Outlook Upbeat Despite Major Client Loss, RBC Says

Aug 29, 2025

03:59 PM EDT, 08/29/2025 (MT Newswires) -- Affirm Holdings' ( AFRM ) full-year outlook for gross merchandise volume was better than projected despite concerns around the loss of a major enterprise client, RBC Capital Markets said in a note e-mailed Friday. Late Thursday, the buy-now, pay-later service provider said it expected its fiscal 2026 GMV to be more than $46...

Judge blocks enforcement of Texas law restricting DEI and ESG advice

Aug 29, 2025

Aug 29 (Reuters) - A federal judge on Friday blocked Texas from enforcing a first-of-its-kind state law restricting Glass Lewis and ISS, two of the best known proxy advisers, from advising shareholders on diversity, environmental and governance practices. U.S. District Judge Alan Albright in Austin, Texas, issued preliminary injunctions against the state's Republican Attorney General Ken Paxton, after Glass Lewis...

Meta to add new AI safeguards after Reuters report raises teen safety concerns

Aug 29, 2025

(Reuters) -Meta is adding new teenager safeguards to its artificial intelligence products by training systems to avoid flirty conversations and discussions of self-harm or suicide with minors, and by temporarily limiting their access to certain AI characters. A Reuters exclusive report earlier in August revealed how Meta allowed provocative chatbot behavior, including letting bots engage in conversations that are romantic...

Exclusive-Meta created flirty chatbots of Taylor Swift, other celebrities without permission

Aug 29, 2025

(Reuters) -Meta has appropriated the names and likenesses of celebrities - including Taylor Swift, Scarlett Johansson, Anne Hathaway and Selena Gomez - to create dozens of flirty social-media chatbots without their permission, Reuters has found. While many were created by users with a Meta tool for building chatbots, Reuters discovered that a Meta employee had produced at least three, including...