Financial Reports: Kendle 3Q

Posted on October 31, 2007 @ 08:29 am

Kendle International

3Q Revenues: $142 million (+47%)

3Q Earnings: $3.7 million (-5%)

YTD Revenues: $414 million (+62%)

YTD Earnings: $12.3 million (-6%)

Comments: Net service revenues grew 33% in 3Q07 to $100 million, and 49% YTD to $293 million. The company gained a record $175 million in new business awards in the quarter, up 18%.