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Tuesday, February 5, 2019

Catalent reaffirms FY19 revenue view $2.5B-$2.59B, consensus $2.51B

Management is reaffirming its previously issued financial guidance. For fiscal year 2019, Catalent expects revenue in the range of $2.5B to $2.59B, Adjusted EBITDA in the range of $597M to $622M, and Adjusted Net Income in the range of $260M to $285M. The Company expects self-funded capital expenditures in the range of $175M to $185M and fully diluted share count in the range of 146 million to 147 million shares on a weighted-average basis, taking into account the issuance of 11.4 million shares in the July 2018 equity offering.

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