Avantor, Inc Q1 Profit Inline With Estimates
(RTTNews) - Avantor, Inc (AVTR) released earnings for first quarter in line with the Street estimates.
The company's bottom line came in at $64.5 million, or $0.09 per share. This compares with $60.4 million, or $0.09 per share, last year.
Excluding items, Avantor, Inc reported adjusted earnings of $0.23 per share for the period.
Analysts on average had expected the company to earn $0.23 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 5.8% to $1.581 billion from $1.679 billion last year.
Avantor, Inc earnings at a glance (GAAP) :
-Earnings: $64.5 Mln. vs. $60.4 Mln. last year. -EPS: $0.09 vs. $0.09 last year. -Revenue: $1.581 Bln vs. $1.679 Bln last year.
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