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Manufacturing Support segment drives growth in the quarter
February 10, 2016
By: Kristin Brooks
Managing Editor, Contract Pharma
Charles River Labs 4Q Revenues: $353.9 million (+7%) 4Q Earnings: $32.4 million (+17%) FY Revenues: $1.4 billion (+5%) FY Earnings: $151.1 million (+18%) Comments: Revenue for the Research Models and Services segment was $114.7 million in the quarter, down 3%. Discovery and Safety Assessment revenues were $160.5 million, up 7%. Manufacturing Support revenues were $78.6 million, up 26%, reflecting the acquisitions of Celsis and Sunrise Farms, which contributed 14% to revenue growt...
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