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Stock impact report

Stevanato Group Reports Financial Results for the Third Quarter of 2024 [Yahoo! Finance]

Stevanato Group S.p.A. Ordinary Shares (STVN) 
Company Research Source: Yahoo! Finance
delivery, and diagnostic solutions to the pharmaceutical, biotechnology, and life sciences industries, today announced its financial results for the third quarter of 2024. Third Quarter 2024 Highlights Revenue for the third quarter of 2024 increased 2% to €277.9 million, compared with the same period last year, and high-value solutions represented 36% of total revenue. For the third quarter, diluted earnings per share were €0.11 and adjusted diluted earnings per share were €0.12. Adjusted EBITDA margin for the third quarter was 22.9%. The Company is maintaining its fiscal year 2024 revenue guidance and continues to expect revenue in the range of €1,090 million to €1,110 million. The Company is lowering its adjusted EBITDA guidance to a range of €257 million to €263 million, and its adjusted diluted EPS guidance to a range of €0.47 to €0.49. Third Quarter 2024 Results For the third quarter of 2024, revenue increased 2% (3% on a constant currency basis) compared with the s Show less Read more
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