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Financial Report: QuintilesIMS

Quintiles service revenues up 4% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

QuintilesIMS   3Q Revenues: $1.5 billion (+5%) 3Q Earnings: $104.0 million (-4%) YTD Revenues: $4.5 billion (+8%) YTD Earnings: $304.3 million (+9%) Comments: Quintiles service revenues were $1.1 billion in the quarter, up 4% with Product Development revenues of $874 million, up 9%, and Integrated Healthcare Services revenues of $262 million, down 11%. IMS Health revenue for the quarter was $791 million, up 8%, with Technology services revenue up 13%....

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