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Service revenues rise across the board, with 30% bump for Perceptive Informatics unit
January 30, 2014
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
Financial Report: Parexel 2Q14 2Q Revenues: $574 million (+19%) 2Q Earnings: $28 million (+33%) HY Revenues: $1.1 billion (+17%) HY Earnings: $54 million (+49%) Comments: Service revenues in 2Q14 grew 15% to $487 million, with recent acquisitions contributing $14 million to that pool. In the quarter, Clinical Research Services accounted for $364 million (+14%), Consulting and Medical Communications were $56 million (+13%), and the Perceptive Informatics group added $68 million (+30%). Backl...
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