08.11.11
WuXi PharmaTech 2Q11
2Q Revenues: $101.1 million (+25%)
2Q Earnings: $18.7 million (+36%)
YTD Revenues: $194.7 million (+20%)
YTD Earnings: $36.9 million (+26%)
Comments: Growth in the quarter was driven by Manufacturing Services revenue, up 149% to $21.0 million and China-based Laboratory Services, up 15% to $60.3 million. Laboratory Services were up 10% to $80.1 million in the quarter.
2Q Revenues: $101.1 million (+25%)
2Q Earnings: $18.7 million (+36%)
YTD Revenues: $194.7 million (+20%)
YTD Earnings: $36.9 million (+26%)
Comments: Growth in the quarter was driven by Manufacturing Services revenue, up 149% to $21.0 million and China-based Laboratory Services, up 15% to $60.3 million. Laboratory Services were up 10% to $80.1 million in the quarter.