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Financial Report: PAREXEL 2Q

Consolidated service revenue for the quarter was $200.9 million in Clinical Research Services (CRS), $31.9 million in PAREXEL Consulting and Medical Communications Services (PCMS), and $43.0 million in Perceptive Informatics, Inc.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

PAREXEL 2Q Revenues: $275.8 million (+16%) 2Q Earnings: $5.2 million (-55%) YTD Revenues: $643.6 million (+20%) YTD Earnings: $18.8 million (-26%) Comments: Consolidated service revenue for the quarter was $200.9 million in Clinical Research Services (CRS), $31.9 million in PAREXEL Consulting and Medical Communications Services (PCMS), and $43.0 million in Perceptive Informatics, Inc. Backlog was approximately $2.0 billion at the end of the quarter (+13%), which includes new busin...

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