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Acquisition of Explora BioLabs and robust performance in the DSA segment, contribute to fourth-quarter revenue growth.
February 23, 2023
By: Anthony Vecchione
Charles River 4Q Revenues: $1.10 billion (+21%) 4Q Earnings: $187.4 million (+36%) FY Revenues: $3.98 billion (+12%) FY Earnings: $492.6 million (+24%) Comments: The addition of a 53rd week at the end of 2022, contributed approximately 5.8% to reported fourth-quarter revenue growth. The acquisition of Explora BioLabs contributed 1.8% to consolidated fourth-quarter revenue growth, and the divestitures of the Research Models and Services operations in Japan (RMS Japan) and the CDMO site in ...
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