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Financial Report: Charles River 1Q

Preclinical Services revenue was $140.0 million (-17%) due primarily to slower market demand.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Charles River 1Q

1Q Revenues: $301.5 million (-11%)

1Q Earnings: $25.4 million (-42%)

Comments: Preclinical Services revenue was $140.0 million (-17%) due primarily to slower market demand. Sales for the Research Models and Services segment were $161.5 million in the quarter (-4%).

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