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Clinical Research Services revenue up 11% in the quarter
October 30, 2014
By: Kristin Brooks
Managing Editor, Contract Pharma
PAREXEL 1Q Revenues: $573.7 million (+8%) 1Q Earnings: $37.1 million (+43%) Comments: Clinical Research Services (CRS) revenues were $369.8 million in the quarter, up 11%. PAREXEL Consulting Services (PC) revenues were flat at $56.4 million. PAREXEL Informatics (PI) revenues were $65.5 million, up 10%. Backlog at the end of September was $4.9 billion, up 5%.
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