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November 5, 2008
By: Tim Wright
Editor-in-Chief, Contract Pharma
Kendle 3Q Revenues: $181.1 million (+27%) 3Q Earnings: $11.0 million (+189%) YTD Revenues: $517.3 million (+25%) YTD Earnings: $24.4 million (+98%) Comments: Early stage revenues were $11.2 million (+138%). Late stage revenues were $110.9 million (+19%). The acquisition of DecisionLine Clinical Research Corp. accounted for 6% of growth in the quarter. New business awards totaled a record $212 million in the quarter, (+21%). Contract cancellations totaled $38 million or 18% of s...
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