06:18 AM EDT, 08/14/2024 (MT Newswires) -- Evotec (EVO) reported a Q2 net loss Wednesday of 0.54 euros ($0.60) per share, wider than the loss of 0.08 euros per share a year earlier.

A single analyst polled by Capital IQ expected a loss of 0.08 euros.

Revenue for the quarter ended June 30 was 182.1 million euros, up from 170.3 million euros a year earlier.

Four analysts polled by Capital IQ expected 209.1 million euros.

The company said it now expects revenue of 790 million euros to 820 million euros, compared with its previous guidance of low to mid-single digit growth. The company reported 781.4 million euros in 2023. Analysts polled by Capital IQ expect 856.4 million euros.

Shares of the company were down 1.8% in recent premarket activity.

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