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Financial Report: BioClinica

Backlog hits record $125.8 million

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By: Tim Wright

Editor-in-Chief, Contract Pharma

BioClinica

1Q Revenues: $22.7 million (+15%)

1Q Earnings: $994,000 (earnings were $351,000 in 1Q11)

Comments: Service revenues increased 15% to $18.6 million. Backlog increased to a record $125.8 million in the quarter.

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