Stevanato Group S.P.A. is a global leader in the design and manufacturing of drug containment and delivery solutions for the pharmaceutical and biotechnology industries
The company specializes in producing high-quality glass vials, syringes, and other packaging solutions that ensure the safe and effective delivery of medicines. Additionally, Stevanato Group offers integrated technologies and services, focusing on enhancing the performance of its products through innovative packaging systems and automation processes. The company’s commitment to quality, safety, and sustainability makes it a trusted partner for healthcare organizations seeking reliable and efficient solutions for their drug delivery needs.
Stevanato Group reports Q1 earnings of 236.0 million euros, down 1% Y/Y. Sales declined due to vial destocking amid pandemic effects. High-value solutions revenue up to 37% driven by syringe demand. Updated FY24 guidance reflects cautious outlook.
Shares of HighPeak Energy, Inc. (NASDAQHPK) fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter revenue results.
U.S. stocks traded mostly higher, with the Nasdaq Composite gaining around 40 points on Wednesday. Here are some big stocks recording gains in today’s session.