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Financial Report: QuintilesIMS

Quintiles service revenues up 4% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

QuintilesIMS
 
3Q Revenues: $1.5 billion (+5%)

3Q Earnings: $104.0 million (-4%)

YTD Revenues: $4.5 billion (+8%)

YTD Earnings: $304.3 million (+9%)

Comments: Quintiles service revenues were $1.1 billion in the quarter, up 4% with Product Development revenues of $874 million, up 9%, and Integrated Healthcare Services revenues of $262 million, down 11%. IMS Health revenue for the quarter was $791 million, up 8%, with Technology services revenue up 13%.

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