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Financial Report: Kendle 1Q08

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Kendle

1Q Revenues: $158.8 million (+20%)

1Q Earnings: $5.6 million (+33%)

Comments: The company achieved record service revenues of $114.1  
million and record new business awards of $180 million, both up 20%.  
Total business authorizations were $917 million (+31%). Net service  
revenues by geographic region were 46% in North America, 42% in  
Europe, 7% in Latin America and 5% in the Asia/Pacific region.

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