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Financial Report: PAREXEL

Revenues up 23% for the year

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By: Tim Wright

Editor-in-Chief, Contract Pharma

PAREXEL 4Q Revenues: $526.9 million (+15%) 4Q Earnings: $30.0 million (+69%) FY Revenues: $2.0 billion (+23%) FY Earnings: $96.0 million (+52%) Comments: Clinical Research Services (CRS) revenue was $343.4 million in the quarter (+18%) and $1.3 billion for the year (+26%). PAREXEL Consulting and Medical Communications Services (PCMS) revenue was $54.3 million in the quarter (+9%) and $202.5 million for the year (+21%). Perceptive Informatics revenue was $65.4 million in the quarter (+29%) a...

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