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Revenues up 5% in the quarter
October 30, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
Charles River Labs 3Q 3Q Revenues: $292.1 million (+5%) 3Q Earnings: $31.2 million (+41%) YTD Revenues: $876.3 million (+3%) YTD Earnings: $84.7 million (+7%) Comments: Research Models and Services (RMS) segment sales were $173.4 million in the quarter, up 4%, driven primarily by the acquisitions of Vital River and Accugenix, as well as growth in the legacy Endotoxin and Microbial Detection (EMD) business. Preclinical Services (PCS) segment sales were $118.7 million, up 6%, driven by increa...
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