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Development segment revenue for the quarter was $315.8 million (-12%), and income from operations was $52.2 million (-25%).
October 28, 2009
By: Tim Wright
Editor-in-Chief, Contract Pharma
PPD 3Q09 3Q Revenue: $341.1 million (-13%) 3Q Earnings: $37.7 million (-25%) YTD Revenues: $1.1 billion (-11%) YTD Earnings: $140.3 million (flat) Comments: Development segment revenue for the quarter was $315.8 million (-12%), and income from operations was $52.2 million (-25%). Discovery sciences segment revenue for the quarter was $1.1 million (-68%). Discovery sciences segment loss from operations was $5.3 million, compared to income of $0.6 million in 3Q08, due to an increase...
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