Breaking News, Financial News

Financial Report: Charles River Laboratories

Revenues up 3% in the quarter

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Charles River Laboratories   2Q Revenues: $292.9 million (+3%) 2Q Earnings: $27.7 million (-9%) YTD Revenues: $584.2 million (+2%) YTD Earnings: $53.5 million (-6%) Comments: Research Models and Services (RMS) revenues were $179.0 million in the quarter, up 3% driven primarily by the acquisitions of Vital River and Accugenix, as well as growth in the legacy Endotoxin and Microbial Detection (EMD) business. Preclinical Services (PCS) sales were $114.0 million, up 3% driven by increased sales ...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters