Financial News

Financial Report: Quintiles

Service revenues up 3% in the quarter

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Quintiles   3Q Revenues: $1.4 billion (+2%) 3Q Earnings: $108.8 million (+17%) YTD Revenues: $4.2 billion (+4%) YTD Earnings: $280.2 million (+5%) Comments: Service revenues were $1.1 billion in the quarter, up 3% or $32.5 million, including an unfavorable foreign currency impact of $55.6 million compared to the same period last year. Net new business of $1.16 billion was recorded in the quarter, representing a book-to-bill ratio of 1.06, with a Product Development book-to-bill rat...

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