Financial News

Financial Report: PRA Health Sciences

Revenues up 7% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

PRA Health Sciences   3Q Revenues: $403.5 million (+7%) 3Q Earnings: $23.7 million (earnings were $1.2 million 3Q14) YTD Revenues: $1.2 billion (+9%) YTD Earnings: $53.3 million (loss of $12.9 million YTD14) Comments: Net new business for the quarter ended September 30, 2015 was $431.4 million, representing a book-to-bill ratio of 1.25 for the period. This net new business contributed to an ending backlog of $2.3 billion at September 30, 2015....

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