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Shares of Avantor (NYSE:AVTR) rose 3.64% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were up 35.71% year over year to $0.19, which beat the estimate of $0.14.
Revenue of $1,479,000,000 declined by 3.46% year over year, which beat the estimate of $1,450,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Avantor hasn't issued any revenue guidance for the time being.
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Date: Jul 29, 2020
Time: 05:00 PM
Price Action
Company's 52-week high was at $19.75
Company's 52-week low was at $6.66
Price action over last quarter: Up 17.67%
Company Overview
Avantor Inc is involved in providing products and services to biopharma, healthcare, education and government, and advanced technologies and applied materials industries. The company's offerings include materials and consumables, equipment and instrumentation and services and specialty procurement. Its brand profile consists of NuSil, RANKEM, POCH, BeneSphera, and Macron Fine Chemicals among others. The firm operates in three geographical segments namely Americas, Europe, and AMEA. It generates a majority of its revenue from the Americas.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.