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Avantor Q3 2023 Earnings Report

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$16.24 -0.12 (-0.70%)
As of 03:52 PM Eastern
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Avantor EPS Results

Actual EPS
$0.25
Consensus EPS
$0.25
Beat/Miss
Met Expectations
One Year Ago EPS
$0.34

Avantor Revenue Results

Actual Revenue
$1.72 billion
Expected Revenue
$1.70 billion
Beat/Miss
Beat by +$15.38 million
YoY Revenue Growth
-7.30%

Avantor Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

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Avantor Earnings Headlines

Avantor price target lowered to $24 from $27 at TD Cowen
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Avantor announces completed expansion at European manufacturing site
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About Avantor

Avantor (NYSE:AVTR) engages in the provision of mission-critical products and services to customers in the biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. The company offers materials and consumables, such as purity chemicals and reagents, lab products and supplies, formulated silicone materials, customized excipients, customized single-use assemblies, process chromatography resins and columns, analytical sample prep kits, education and microbiology products, clinical trial kits, peristaltic pumps, and fluid handling tips. It also provides equipment and instrumentation products, including filtration systems, virus inactivation systems, incubators, analytical instruments, evaporators, ultra-low-temperature freezers, biological safety cabinets, and critical environment supplies. In addition, the company offers services and specialty procurements comprising onsite lab and production, clinical, equipment, procurement and sourcing, and biopharmaceutical material scale-up and development services. Further, it provides scientific research support services, such as DNA extraction, bioreactor servicing, clinical and biorepository, and compound management services. The company was founded in 1904 and is headquartered in Radnor, Pennsylvania.

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