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Revenues up 7% in the quarter
November 3, 2015
By: Kristin Brooks
Managing Editor, Contract Pharma
PRA Health Sciences 3Q Revenues: $403.5 million (+7%) 3Q Earnings: $23.7 million (earnings were $1.2 million 3Q14) YTD Revenues: $1.2 billion (+9%) YTD Earnings: $53.3 million (loss of $12.9 million YTD14) Comments: Net new business for the quarter ended September 30, 2015 was $431.4 million, representing a book-to-bill ratio of 1.25 for the period. This net new business contributed to an ending backlog of $2.3 billion at September 30, 2015.
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