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Financial Report: PAREXEL 4Q

Clinical Research Services revenue in the quarter was $225.4 million (+11%).

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By: Tim Wright

Editor-in-Chief, Contract Pharma

PAREXEL 4Q

4Q Revenues: $346.0 million (+15%)

4Q Earnings: $12.9 million (+51%)

FY Revenues: $1.3 billion (+8%)

FY Earnings: $41.5 million (+5%)

Comments: Clinical Research Services revenue in the quarter was $225.4 million (+11%). PAREXEL Consulting & Medical Communications revenue was $31.6 million (+3%). Perceptive Informatics, Inc. revenue was $38.3 million (+58%).New business wins in the quarter were $645.0 million, with a book-to-bill ratio of 2.18. Backlog at fiscal year end totaled $2.7 billion, up 23%.


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