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Financial Report: PRA Health Sciences

Service revenue up 7% in the quarter

PRA Health Sciences
 
1Q Revenues: $388.6 million (+10%)

1Q Earnings: $17.2 million (loss of $10.0 million 1Q14)

Comments: Service revenue was $332.0 million in the quarter, up 7%. Net new business for the quarter was $398.0 million representing a book-to-bill ratio of 1.2 for the period. This new business contributed to an ending backlog of $2.2 billion at March 31, 2015.

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