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Revenues up 25% in the quarter
January 30, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
PAREXEL 2Q Revenues: $483.1 million (+25%) 2Q Earnings: $21.3 million (+65%) YTD Revenues: $945.7 million (+26%) YTD Earnings: $36.4 million (+62%) Comments: Clinical Research Services (CRS) revenue was $320.6 million in the quarter, up 29%. PAREXEL Consulting & Medical Communications Services (PCMS) revenues were $49.3 million, up 28%. Perceptive Informatics (PI) revenues were $101.4 million, up 12%. Newly-acquired Liquent, Inc. contributed $0.4 million to revenue in the quarter. Backl...
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