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Revenues up 6%
November 1, 2011
By: Tim Wright
Editor-in-Chief, Contract Pharma
PAREXEL 1Q12 1Q Revenues: $314.7 million (+6%) 1Q Earnings: $9.6 million (earnings were $17.8 million 1Q11) Comments: Consolidated service revenue for the first quarter was $235.4 million in Clinical Research Services (+2%), $35.6 million in PAREXEL Consulting and Medical Communications Services (+26%), and $43.7 million in Perceptive Informatics, Inc. (+22%). New business wins generated a net book-to-bill ratio of 1.77. Backlog at September 30, 2011 was approximately $3.6 billion, up 23%...
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