743M 6.1%
Total Revenue QoQ (USD) - Q3 '24

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Income Statement (USD)

Q3 '24 QoQ
Revenue 743M 6.1%
Gross Profit 265M 15.1%
Cost of Revenue 565M 1.6%
Operating expense 98M 3.3%
Net Income 136M 22.2%
EBITDA 169M 33.9%

Balance Sheet (USD)

Q3 '24 QoQ
Total Assets 3.68B 5.3%
Total Liabilities 923M 1.1%
Total Equity 2.75B 6.8%
Shares Outstanding 73M 0.1%

Cash Flow (USD)

Q3 '24 QoQ
Cash from operations 180M 9.2%
Cash from investing -82M 18.9%
Cash from financing -64M 70.5%

EPS

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Financial Highlights for West Pharmaceutical Services in Q3 '24

West Pharmaceutical Services reported a revenue of 743M, which is a 6.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.

Gross Profit stood at 265M, marking a 15.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 565M, a 1.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 98M, showing a -3.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was 136M, showing a 22.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 169M, showing a 33.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

It was a positive quarter for West Pharmaceutical Services with growth in revenue, gross profit, and net income.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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