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Early Stage revenues were $6.3 million (-4%). Late Stage revenues were $76.2 million (-17%).
November 9, 2010
By: Tim Wright
Kendle 3Q10 3Q Revenues: $112.6 million (-16%) 3Q Earnings: $1.5 million (earnings were $8.8 million in 3Q09) YTD Revenues: $340.4 million (-19%) YTD Earnings: $4.6 million (earnings were $12.9 million YTD10) Comments: Early Stage revenues were $6.3 million (-4%). Late Stage revenues were $76.2 million (-17%). Contract cancellations and related adjustments in the quarter totaled $10.4 million. Backlog at Sept. 30th totaled $807.4 million (+4%). Service revenues in the quarter totaled $83.2 million (-20%).
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